If You Invested $1000 In Goldman Sachs Group Stock 15 Years Ago, You Would Have This Much Today

Goldman Sachs Group (NYSE:GS) has outperformed the market over the past 15 years by 2.4% on an annualized basis producing an average annual return of 15.62%. Currently, Goldman Sachs Group has a market capitalization of $304.53 billion.

Buying $1000 In GS: If an investor had bought $1000 of GS stock 15 years ago, it would be worth $8,850.95 today based on a price of $1032.34 for GS at the time of writing.

Goldman Sachs Group’s Performance Over Last 15 Years

Finally -- what’s the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.

This article was generated by Benzinga's automated content engine and reviewed by an editor.