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This is a good insight -- not just for non-accredited, but for everyone. The persistent low-interest era meant lack of investment opportunities for a decade whi
by throw_pm23 4y ago
This is a good insight -- not just for non-accredited, but for everyone. The persistent low-interest era meant lack of investment opportunities for a decade which explains much of the crypto boom and many other phenomena.
- epolanski 4y ago> The persistent low-interest era meant lack of investment opportunities Is that true? Just putting your money on an index fund like S&P would've yielded you an average 14.5% per year in the last decade or an almost 400 % return in a decade. Stock market more than doubled in the last 5 years and it highly outperformed crypto markets. There has been no shortage of investment opportunities, but you people sound simply...looking for highly volatile quick gains.
- throw_pm23 4y agoParadoxically, the booming of S&P was due to the same: a lot of money lying around, lacking a sound growth opportunity, flowing into stocks and real estate.