Investment Growth: $1000 in Goldman Sachs Over 15 Years
Here's How Much $1000 Invested In Goldman Sachs Group 15 Years Ago Would Be Worth Today
Image: Benzinga
Investing $1000 in Goldman Sachs Group 15 years ago would have grown to $7,831.07 today, reflecting an average annual return of 14.76%. This performance surpasses the market by 2.22% annually, highlighting the impact of compounded returns.
- 01Goldman Sachs Group has a market capitalization of $308.38 billion.
- 02The stock produced an average annual return of 14.76% over the past 15 years.
- 03Investing $1000 in GS stock 15 years ago would yield $7,831.07 today.
- 04The company's performance outpaced the market by 2.22% annually.
- 05The article emphasizes the significance of compounded returns in investment growth.
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Over the past 15 years, Goldman Sachs Group (NYSE:GS) has achieved an annualized return of 14.76%, outperforming the market by 2.22%. Currently valued at $308.38 billion, an investment of $1000 in GS stock 15 years ago would now be worth $7,831.07. This significant growth illustrates the powerful effect of compounding returns on investments over time, underscoring the potential benefits of long-term stock investments. The data reflects the company's strong market performance and robust financial standing.
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