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Stock market means average. Every "investment" that is slightly over average stock market returns for some time beats the stock market in that timeframe. Now,
by levosmetalo 7y ago
Stock market means average. Every "investment" that is slightly over average stock market returns for some time beats the stock market in that timeframe.
Now, doing that consistently over and over again is something to strive to, but not many other investment in the same risk category do it.
- simonh 7y agoHalf of children score below average in tests! >! Cue pedantry about what 'average' means.
- mrfredward 7y agoOffice pools buying lottery tickets can beat the stock market...once in a while. If you aren't doing anything economically useful...don't expect returns greater than inflation in the really long run.
- soVeryTired 7y ago> If you aren't doing anything economically useful...don't expect returns greater than inflation in the really long run. I think the British aristocracy would like a word with you.
- toomuchtodo 7y ago> but not many other investment in the same risk category do it. Only real estate. https://economics.harvard.edu/files/economics/files/ms28533.pdf https://economics.harvard.edu/files/economics/files/ms28533.... HN Discussion: https://news.ycombinator.com/item?id=19817584 https://news.ycombinator.com/item?id=19817584