Graham Stephan: SPY will rise

Said on Mar 16, 2017, at 6:14 in the video.

What was said
Graham Stephan

@grahamstephan

“Chances are it's going to be a lot higher than it is right now.”
Watch at 6:14Compound interest: How to turn $1 into $10
PredictionSPYwill riseChecked at fixed windows, from 30 days to 5 years
What happenedafter 1 year
Correct

Entry price (first close after the video)

$238.48

Mar 16, 2017

Price at close

$274.20

Mar 16, 2018

Total return, dividends included

+17.7%

SPY closed at $238.48 on Mar 16, 2017. On Mar 16, 2018 it closed at $274.20, a total return of +17.7% (dividends included). The call was that it would rise.

30 days

Incorrect

90 days

Correct

180 days

Correct

1 year

Correct

The window it was checked over

SPYWindow checked
$200$220$240$260$280$300Sep 2016Jan 2017May 2017Sep 2017Jan 2018May 2018Said on Mar 16, 2017
$200$220$240$260$280$300Sep 2016Apr 2017Oct 2017May 2018Said on Mar 16, 2017

SPY closing prices, adjusted for splits. The shaded span is the one-year window: it starts at the first close after the video went public and ends at the last close on or before one year after the day the video was published.

Result at every window

All windows are shown, so none is picked
Result at every window
WindowResultAt the startAt the endChangeBenchmark
30 daysR-DIR v4Incorrect$238.48Mar 16, 2017$232.51Apr 13, 2017−2.1%Total return, dividends included—
90 daysR-DIR v4Correct$238.48Mar 16, 2017$244.24Jun 14, 2017+2.9%Total return, dividends included—
180 daysR-DIR v4Correct$238.48Mar 16, 2017$250.05Sep 12, 2017+5.8%Total return, dividends included—
1 yearR-DIR v4Correct$238.48Mar 16, 2017$274.20Mar 16, 2018+17.7%Total return, dividends included—
3 yearsR-DIR v4Correct$238.48Mar 16, 2017$269.32Mar 13, 2020+19.5%Total return, dividends included—
5 yearsR-DIR v4Correct$238.48Mar 16, 2017$426.17Mar 15, 2022+95.3%Total return, dividends included—
Why: 30 days

SPY closed at $238.48 on Mar 16, 2017. On Apr 13, 2017 it closed at $232.51, a total return of −2.1% (dividends included). The call was that it would rise.

Why: 90 days

SPY closed at $238.48 on Mar 16, 2017. On Jun 14, 2017 it closed at $244.24, a total return of +2.9% (dividends included). The call was that it would rise.

Why: 180 days

SPY closed at $238.48 on Mar 16, 2017. On Sep 12, 2017 it closed at $250.05, a total return of +5.8% (dividends included). The call was that it would rise.

Why: 1 year

SPY closed at $238.48 on Mar 16, 2017. On Mar 16, 2018 it closed at $274.20, a total return of +17.7% (dividends included). The call was that it would rise.

Why: 3 years

SPY closed at $238.48 on Mar 16, 2017. On Mar 13, 2020 it closed at $269.32, a total return of +19.5% (dividends included). The call was that it would rise.

Why: 5 years

SPY closed at $238.48 on Mar 16, 2017. On Mar 15, 2022 it closed at $426.17, a total return of +95.3% (dividends included). The call was that it would rise.

What was said around it

you guys. Let's let's hold out. Let's wait until it crashes to $220. That'll be the best time to buy. Well, again, look at the prices now. The S&P 500 is over $2,350 right now at the time of this video. I don't know what it's going to be a year from now. You may be watching this video a year from now in like 2018 and maybe it crashed. But just that mentality defeats the entire point of this video and that it doesn't really matter what the price is right now. All you care about is what it's going to be 30 years from now or 40 years from now or 25 years from now. Chances are it's going to be a lot higher than it is right now. So that's why I really dislike trying to time the market, trying to beat it, trying to wait for a crash because none of us really know in the end and it's more important just to have your money in the market for as long as possible. And plus, there are so many studies out there that confirm it's less about timing the market and more about time in the market. This video is also about putting your money to work for as long as possible and why it's so important to start investing your money as early as you can. Keep this in mind, too. If you're 18 years old watching

What a person said is shown in their own words and is never translated. The link goes to the exact second in the video.

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