That's quite a non-return over 15 years. Zero return despite two massive losing streaks of 48% and 53% (using only monthly closes in the calculation). Granted, this doesn't include dividends paid out on SPY , which has been roughly 1.X% a year. And, of course, I don't think there is a person in America who believes that the CPI is calculated correctly at all. We can thank our US Gov't for having a conflict of interest in calculating the CPI to keep the payments to social security as low as possible with the "Cost of Living Adjustments" negatively hurt by low CPI figures.
Either way, we can thank the internet for keeping at bay and promoting global competition and rapid advancements in productivity for keeping down too.
I was sharing this chart with my family and thought you would enjoy seeing it too.
All the best,
Saturday, 3:01PM EST 9/19/2015