SPX500 Index Investing -Popular method yet less known method
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Do you know regular & consistent investment strategy leads to wealthy financial asset creation ?
Simple way of doing the investment would result bigger wealth accumulation over a period of time. It is interesting ,Backtest proves YES it works :)
Have collected data of SPX500 from 23-09-2013. Goal was to put 500 USD every 7D (weekend ,holidays excluded) & irrespective of Markets accumulate the units.
Summary : Total USD invested : 150000 Total systematic investment : 300 times Total Units accumulated : 59.73 Current value of the investment : 286059 Profit percentage : 90%
How you can do this kind of analysis,The data can be downloaded from Tradingview . Go to Menu (top left corner)--> Export Chart Data -Download the CSV --> open the CSV file - keep only Date ,Open,high,Low,Close data and in F column and G colum do the math and sum the data from F1:F300(last row) G1:G300 you will get the accumulation value.
Refer the screenshot i put below in comment section that will show how to do this.