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I doubt that investing in early-stage unicorns is the best way for the poor to get out of poverty.
by KKKKkkkk1 9y ago
I doubt that investing in early-stage unicorns is the best way for the poor to get out of poverty.
- throwaway2041 9y agoNo, but more folks in the middle class might be able to remain in the middle class if their modest portfolios had access to high-growth companies, ideally through index funds rather than individually-picked stocks
- gcb0 9y agoonly in hindsight. but if they were part of an index the stocks would be even more expensive to buy into reducing gains overall. and remember that unicorns do not pay dividends.
- hkmurakami 9y agoWhat weighting index of all IPO stocks during the sitcom era would produce a performance boosting return? Does AMZN fix all woes?