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Remember: Hacker News is not a financial service, and people upvoting articles about financial behaviour is not the same as financial advice. If it sounds too g
by TheRealPomax 7y ago
Remember: Hacker News is not a financial service, and people upvoting articles about financial behaviour is not the same as financial advice. If it sounds too good to be true, it probably is, and was probably written by someone who mistook the luck of doing the right thing at the right time for a transferable skill.
- tomkubik 7y agoYes, big question if Buffer represents average return profile for "late-stage SaaS"... time will tell!
- zepearl 7y agoCreating a 20-years projection based only on data after the crisis of 2008/2009 might not be wise.
- tempsy 7y agoboasting about a 15% annual return with an illiquid stake in a early to mid stage private tech company is the opposite of “too good to be true”
- SkyMarshal 7y agoI'm a little slow this morning but am having trouble parsing what the opposite of "too good to be true" is. Too bad to be false?
- tempsy 7y agomeaning it's plainly bad the risk you take to earn 15% is way too high to justify such a small return. if you want to earn 15% just invest in some REITs and call it a day
- zepearl 7y agoCould you please expand "REITs"? (no clue what a REIT is)
- icedchai 7y agoREITs are "real estate investment trusts." Basically they are stocks in companies that own tons of property, bring in large amounts of rental income, and have to pay out a percentage as dividends. Many people like them for that guaranteed dividend.
- walshemj 7y agoAnd pitching small stocks (which appear to be unlisted) that return 15% yoy - sounds rather shady.
- ac29 7y agoPredicting that a company will grow at 10% a year forever (never flat, never down) when their growth has been steadily falling their entire history is particularly presumptuous.