51
votes
Accepted
Did Johnson and Johnson really pay a 25% quarterly dividend in 1978?
No, your billionaire premise is not correct.
Most people don't realize that share price drops by the exact amount of the dividend on the ex-dividend date when the stock exchanges adjust the closing ...
- 77k
46
votes
Accepted
How much should retail investors spend on financial data subscriptions?
For the great majority of retail investors, the appropriate amount to spend is $0, because it would be a better idea to buy an index fund and pay no attention to the data from those subscriptions.
...
- 24k
36
votes
Accepted
History of marginal-rate taxation in the US
Has the US always used a marginal-tax system for income tax, as is the current practice?
Yes. Since the income tax was first established in 1913 it has been a marginal rate system.
Is it ...
- 142k
27
votes
Did Johnson and Johnson really pay a 25% quarterly dividend in 1978?
JNJ did pay $0.42 per share in quarterly dividends, but the unadjusted (for splits) share price in the late 70s was $67-$80. It appears as though you're looking at share prices which are adjusted for ...
- 401
20
votes
What is today's price of €15.000 given 15 years ago?
What you are positioning as a loan was not a loan at all. Your father bought something to be delivered in the future. Your aunt does not want to deliver it, so she should buy it back at whatever the ...
16
votes
History of marginal-rate taxation in the US
The top marginal tax rate used to be VERY high. https://en.wikipedia.org/wiki/Income_tax_in_the_United_States#History_of_top_rates
Thus, given the nature of marginal rates, she could never net the ...
- 50.8k
13
votes
History of marginal-rate taxation in the US
Has the US always used a marginal-tax system for income tax, as is the
current practice?
Yes. It's been that way from the start. The Bradford Tax Institute offers a nice history with further links ...
13
votes
How much should retail investors spend on financial data subscriptions?
Two great answers are provided, and I would like to add something. Most people do not wake up with 20K and say "tomorrow I will start investing".
They start small with regular systematic ...
- 79.6k
10
votes
Accepted
Is it routine for historical stock price data to be revised?
Is it routine for historical stock price data to be revised?
Yes. In fact, this happens not just for mergers, but also for dividends, stock splits, and spinoffs.
Excluding splits, are there any ...
- 17.2k
9
votes
Accepted
What is today's price of €15.000 given 15 years ago?
With no written agreement in place, the "right" rate is whatever both parties can agree to. I could argue that I could have invested the money in S&P 500 index funds and made about 9% annually ...
- 142k
7
votes
Why is interest paid on the outstanding amount instead of the whole amount of a loan?
For example, for a 100.000 loan with a 10% interest, basic logic would imply that you have to pay back 110.000.
No. The interest rate is usually given per year, so for each year I owe you 100,000, I ...
- 5,460
7
votes
History of marginal-rate taxation in the US
I thought more of this and was able to walk myself through the answer to question 2.
So long as the net (after tax) income is monotonically increasing with gross income, it's not possible to earn the ...
- 440
7
votes
Accepted
If one were to have invested in a 1920 German index fund, when would they have recovered after 1930-40 devaluations?
This is not easy to tell, but I'll give it a try.
The German Wikipedia article about the DAX contains a reference to a historical extrapolation of the CDAX:
https://de.wikipedia.org/wiki/DAX#/media/...
- 5,460
6
votes
Accepted
Quandl financial data : unexpected dividend
For MCD, the 47¢ is a regular dividend on preferred stock (see SEC filing here). Common stock holders are not eligible for this amount, so you need to exclude this amount.
For KMB, there was a spin-...
- 176
5
votes
Accepted
Why do some services list an IPO date that is well after historical price data you can find elsewhere?
The Minnesota Mining and Manufacturing Company was established in 1902 as a private company. It first raised public funds around 1903 but had a limited shareholder base. By around 1929, it was ...
- 3,934
5
votes
What is today's price of €15.000 given 15 years ago?
There's often a legal basis to answer this question. For instance, Austria (guessing from your profile) currently uses a 4% Statutory interest rate. You'll need to dig up not just the actual but also ...
- 2,790
5
votes
Over what time frame should we evaluate whether an active trading strategy is successful?
Trending indicators work well in strong trending markets. They're late in and late out. They're not effective in sideways markets because they will generate many false signals and whipsaws.
...
- 77k
5
votes
Accepted
What kind of stocks were commonly traded in the 70s?
For the United States you can use the list of stocks that made up the Dow Jones Industrial average in the 1970's. That will be a list of 30 stocks, plus a few others if changes were made in the 1970's....
- 145k
5
votes
Accepted
Use of the data from sites like NASDAQ and others
Facts cannot be copyrighted, but collections of facts can be and often are. License agreements, including ones phrased as "by using this site, you agree..." are also enforceable. Such sites ...
- 51.5k
4
votes
How to calculate worth of money N year ago from given inflation value
From your linked article -
The CPI for 1950 = 24.1
The CPI for 2017 = 244.73*
Use the following
formula to compute the calculation:
1950 Price = 2017 Price x (1950 CPI / 2017 CPI*...
4
votes
Accepted
Stock Dividends & Splits: Are they always applied over night?
I've never seen a dividend, split or other corporate action during the day, but I have seen trade suspended a few times when something big happened.
The market opening price is not in general the ...
- 4,017
4
votes
Accepted
Why does adjusting for inflation work?
So, when talking about the past and saying "adjusted for inflation, today it would be...", what rates are we really looking at?
For various reasons, such as money supply, fiscal policy, interest ...
- 142k
4
votes
What kind of stocks were commonly traded in the 70s?
An important part of a research project is figuring out your methodology, and justifying it.
Money magazine was a personal finance magazine that was first published in 1972, so it should suit your ...
- 79.6k
4
votes
History of marginal-rate taxation in the US
Since the modern federal income tax was introduced in 1913, the marginal rates have always increased with income; starting with 7 brackets in 1913, quickly increasing to 56 brackets by 1918 and then ...
- 1,997
4
votes
Interpreting ETF historic data
NAV means NAV per share. A decrease in AUM as a result of decrease in total number of shares does not affect NAV per share.
Authorised Participants will ensure that Price per share is close to NAV ...
- 10.5k
4
votes
Why do some dates not have any data on the Federal Reserve historical currency data?
It's due to banking holidays. You need to look at a prior date, or use
In the case of 12 Nov 2001, this was due to Remembrance Day (observed).
Alternatively, don't use the Fed as a source! The forex ...
- 3,934
4
votes
Cryptic data coming from tiingo
Stock price charts are usually adjusted for corporate actions which affect the price like splits and reverse splits.
There was a 4-1 stock split by Apple on Aug 31, 2020
The Board of Directors has ...
- 2,732
4
votes
Accepted
Historic Forex Rates - why are they different and what's the source of truth
What rates are you actually looking for? Bid? Ask? Midpoint? What time of day? "Close of Business", or midnight? What time zone?
FX markets are basically always open. You are recognizing ...
- 43k
3
votes
ExxonMobil stock before fusion in 1998
Exxon came public as an IPO in 1978. It has traded before, during and since. While it may be called a merger, Exxon swallowed Mobil as an acquisition, with Mobil shareholders receiving some multiple ...
- 77k
3
votes
Accepted
Splits shown in historic data in Google Finance vs Yahoo Finance
Actually there was no split in GOOG on 27 Mar 2014.
What happened is as follows:
Google Inc (at the time, now called Alphabet) had class A shares trading as NASDAQ:GOOG. In early 2014 it announced ...
- 3,934
Only top scored, non community-wiki answers of a minimum length are eligible