In case you haven’t heard (and that’s actually impressive if you haven’t), the Chicago Cubs are going to the World Series.
They will aim for their first World Series title since 1908 and will face the Cleveland Indians, who last won the World Series in 1948.
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On Saturday, when the Cubs clinched their first World Series berth since 1945, I was in Las Vegas, watching the game with friends. Needless to say, there was celebration.
I wonder how my great-grandparents celebrated the Cubs’ last World Series title. And what about the Indians fans in 1948? What if they celebrated smarter than me? What if they took out $100 (yeah, $100 … we’ll say that’s how little I spent) and invested it in the Dow Jones industrial average stocks in honor of a championship?
If a person celebrated the Indians’ World Series by investing $100 ($990 in 2016 money) equally in the Dow stocks in October 1948, they would have $1,287,429, according to this Dow Jones return calculator.
If my great-grandparents celebrated the Cubs’ World Series by investing $100 in October 1908 ($2,479 in 2016 money), they would have made $8,729,789 for my family.
My family is full of die-hard Cubs fans. My mom is a bigger fan than me. My late grandfather listened to and later watched every game (thank you WGN and the …