This tweet should speak for itself:
A reminder of what you’re doing when you cite market returns without dividends. pic.twitter.com/QVrx9WJlqB
— Morgan Housel (@morganhousel) August 19, 2016
Dividends and reinvesting are magic, as long as you keep a long term perspective. It’s amazing that it’s so hard to find metrics to help people focus on long term investing.
I mean, except here.