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Are you saying you can expect 10%/year with your money in the stock market? No stockbroker will tell you that, it is more like 6%-8% over a 10 year time frame.
by asmithmd1 9y ago
Are you saying you can expect 10%/year with your money in the stock market? No stockbroker will tell you that, it is more like 6%-8% over a 10 year time frame. And you have to have the courage to watch your balance drop 50% over a 1-2 year time span and still stay in.
- alien_at_work 9y ago> it is more like 6%-8% over a 10 year time frame Uh, it's 6-8% compounded over what ever time frame. Which is actually still quite good and probably handily beats most angel investment returns.
- erikbye 9y agoS&P 500 ETF Trust gained 63.42%, last 10 years. Vanguard 500 Index Fund, 130.56% since 2010. And neither look like hockey sticks.
- icedchai 9y agoMy own accounts have earned over 11.5%/year, for the past 10 years. This was through the financial crisis, where I did see huge drops like you describe, held, and continued to invest. Longer term 6 to 8% feels about right though.
- charlesdm 9y agoIf you put some time into it and learn how to properly invest, yes. If you made a million today, you probably want to just keep it in an account and wait until a 20%+ correction happens before buying in, though -- it's been quite while since the last significant drop.
- joosters 9y agoTrying to time the market? Good luck with that.
- vinceguidry 9y agoAll active investment, unless you're a market maker, is market timing.