SPX500 Index Investing -Popular method yet less known method
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.
This goes like this ....
2013-09-23 1695 [Close Price] 500[USD invested] 0.294985251 [Quantity accumulated]
......
......
......
2022-01-3 4788[Close Price] 500[USD invested] 0.104410073 [Quantity accumulated]
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.
If you like this Comment and like ...
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.
This goes like this ....
2013-09-23 1695 [Close Price] 500[USD invested] 0.294985251 [Quantity accumulated]
......
......
......
2022-01-3 4788[Close Price] 500[USD invested] 0.104410073 [Quantity accumulated]
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.
If you like this Comment and like ...
🌳Indicator: bit.ly/2DJVXDn 💚
🦄telegram: 🟢 t.me/longbuylongsellindicator 🟢
✔️contact: t.me/wealthworldmajic
🎯web: no.com
🟠twitter : twitter.com/marxcbabu 💲
youtube.com/@marxcbabu/videos
🦄telegram: 🟢 t.me/longbuylongsellindicator 🟢
✔️contact: t.me/wealthworldmajic
🎯web: no.com
🟠twitter : twitter.com/marxcbabu 💲
youtube.com/@marxcbabu/videos
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.