4 ms·
Average market return is 7%[0], with a competent money manager and a few years it is virtually inevitable statistically. You can do exactly what you describe, b
by cmdrfred 10y ago
Average market return is 7%[0], with a competent money manager and a few years it is virtually inevitable statistically. You can do exactly what you describe, but if you don't have the assets to back it up they won't loan it to you, nor would you be able to make the payments.
[0]http://www.thesimpledollar.com/where-does-7-come-from-when-it-comes-to-long-term-stock-returns/ http://www.thesimpledollar.com/where-does-7-come-from-when-i...
- WalterBright 10y agoIronically, very few money managers manage to even do as well as the S&P 500. Everyone thinks they can do better, and wind up falling short.