Here's the chart: BofA writes that "$1 invested in US large company stocks in 1824 would be worth close to $3,642,000 with dividends reinvested, illustrating the power of compounding." So ...
Before the election of 1824, the United States was at the tail end of the so-called Era of Good Feelings, a time when political partisanship was low and one party, the Democratic-Republicans ...