5 ms·

Given the stock market returns over the last five years, it's definitely #4. Everybody invested in broad market index funds has been making those returns the l

by Arcuru 5y ago

Given the stock market returns over the last five years, it's definitely #4. Everybody invested in broad market index funds has been making those returns the last few years.

hedgehog 5y ago
Depending on strategy you can do ok, I'm up over 20%/year going back 15ish years. There's certainly a lot of luck involved but also tolerance for volatility.
- TameAntelope 5y ago
  Funny, I'm up 45%/year going back 30ish years, since we're on the Internet just saying things.
  - hedgehog 5y ago
    It's not a flex, I'm just saying that it's not super rare for people to get those returns. If you're really doing 45% that's above and beyond though and would be curious what your strategy is.
    - Yhippa 5y ago
      If you're getting 20% returns you've quit your day job and are doing this exclusively, right?
      - abofh 5y ago
        And has he got a coin to sell you! He's either not really getting 20% or is cheating on his taxes. Source: I have a personal relationship with my auditor, and I'm pretty sure he hates me because I don't willfully cheat on my taxes.
        hedgehog 5y ago
        Nothing to sell here unless you want to invest in my next company. I do pay all the taxes I owe. The curse of good luck is I don't have much reason to believe my future returns will continue to be so good.
      - hn_go_brrrrr 5y ago
        Not GP, but there's no secret sauce here. VTSAX is up 25% each of the last three years, and it's hardly unique. The market has been doing well. Things that track the market will also do well.
        kgwgk 5y ago
        "going back 15ish years" The (US) market has done 11% annualized in the last 15 years. 20% is not just "traking the market". It's the difference between going from $1m to less than $5m or more than $15m. Now, if "15ish years" means "12 years and 9 months, from the exact bottom" then yes, the annualized return has been over 18%.
subsubzero 5y ago
well it helps that stocks have mostly gone up in the past 7-8 years :) but I typically avg. about 10% a year, one year was a down year but most years its about that.

by Arcuru 5y ago

Given the stock market returns over the last five years, it's definitely #4. Everybody invested in broad market index funds has been making those returns the last few years.

hedgehog 5y ago

Depending on strategy you can do ok, I'm up over 20%/year going back 15ish years. There's certainly a lot of luck involved but also tolerance for volatility.

TameAntelope 5y ago
Funny, I'm up 45%/year going back 30ish years, since we're on the Internet just saying things.
- hedgehog 5y ago
  It's not a flex, I'm just saying that it's not super rare for people to get those returns. If you're really doing 45% that's above and beyond though and would be curious what your strategy is.
  - Yhippa 5y ago
    If you're getting 20% returns you've quit your day job and are doing this exclusively, right?
    - abofh 5y ago
      And has he got a coin to sell you! He's either not really getting 20% or is cheating on his taxes. Source: I have a personal relationship with my auditor, and I'm pretty sure he hates me because I don't willfully cheat on my taxes.
      - hedgehog 5y ago
        Nothing to sell here unless you want to invest in my next company. I do pay all the taxes I owe. The curse of good luck is I don't have much reason to believe my future returns will continue to be so good.
    - hn_go_brrrrr 5y ago
      Not GP, but there's no secret sauce here. VTSAX is up 25% each of the last three years, and it's hardly unique. The market has been doing well. Things that track the market will also do well.
      - kgwgk 5y ago
        "going back 15ish years" The (US) market has done 11% annualized in the last 15 years. 20% is not just "traking the market". It's the difference between going from $1m to less than $5m or more than $15m. Now, if "15ish years" means "12 years and 9 months, from the exact bottom" then yes, the annualized return has been over 18%.

subsubzero 5y ago

well it helps that stocks have mostly gone up in the past 7-8 years :) but I typically avg. about 10% a year, one year was a down year but most years its about that.