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Much of the population who invests in index funds. Look at this article from 2013, look at AAPL and XOM performance then, https://www.forbes.com/sites/dividend
by rayhendricks 6y ago
Much of the population who invests in index funds. Look at this article from 2013, look at AAPL and XOM performance then, https://www.forbes.com/sites/dividendchannel/2013/01/25/exxon-mobil-corp-now-1-largest-company-surpassing-apple/#72c8c5b069d5 https://www.forbes.com/sites/dividendchannel/2013/01/25/exxo...
Index funds have allowed me to not have to save for retirement anymore (have enough based on FV calc), and yes buying the FAANG stocks 6 years ago would have yielded much larger returns, but could also have yielded losses if they went the way of Exxon.
- marketgod 6y agoDefinitely. Not saying don't put money in ETFs but the returns aren't as fast and you have to earn a good salary to do so. However adding some money into the market leaders would be a wise idea IMO. I.e. TSLA and AAPL. Since you are in the ETF ($SPY) for now then you are already invested in AAPL as it's the largest portion of it so adding TSLA which is going to be $5,000 in a decade would be wise.