2 ms·
An 8% return is far from guaranteed over a 7 year interval. There are plenty of inertvals where you would be in the negative. A lot of people are forgetting tha
by spaetzleesser 5y ago
An 8% return is far from guaranteed over a 7 year interval. There are plenty of inertvals where you would be in the negative. A lot of people are forgetting that we have been riding a gigantic stock market bubble over the last 12 years. This won’t last.
- wonderwonder 5y agoSure, but its done on average 9% the last 10 years and if you just invested in an S&p 500 etf you would have made a little over 13%. There are definitely down times but even if you started investing in January 2007 to ensure you caught the worst of the 2008 recession and just kept investing monthly for 7 years, your returns would be on average 12%. Of course all things end but historically and including now it works. Its a safer bet that you will get to a million in the stock market than putting your money in a bank where you are guaranteed to lose money each year with inflation. Serious question, what's the alternative for a safer investment and having a real retirement? Everything booms and busts and then booms again (mostly).
- papito 5y agoThe alternative is winning the birth lottery and sitting on so much real estate that the market doesn't really matter - it's just another source of more risky income.