Per ChatGPT:
If I buy 10k worth of VOO, how much will I have in 10 years and contribute $500 monthly?
If you invest $10,000 upfront into VOO and contribute $500 monthly for 10 years, your portfolio would grow to approximately $146,737
- assuming 10% annual price appreciation, 1.5% dividend yield, and 7% annual dividend growth with all dividends reinvested.
Per ChatGPT:
If I buy 10k worth of SPYI, how much will I have in 10 years and contribute $500 monthly?
If you invest $10,000 upfront into SPYI and contribute $500 monthly for 10 years, your portfolio would grow to approximately $186,423
- assuming 12% dividend yield, 1% annual price appreciation, and 3% annual dividend growth with all dividend invested.
Me: that’s $40k more over 10 years… something don’t look right.