4 ms·
Curious about this. The geometric mean of return for the S&P500 is about 7% over several decades. The longer the time horizon the more likely you’ll hit 7%. Wh
by jmathai 4y ago
Curious about this. The geometric mean of return for the S&P500 is about 7% over several decades. The longer the time horizon the more likely you’ll hit 7%.
Why do you think it’s similar to holding cash?
- dghlsakjg 4y agoNot that its the same return as holding cash (clearly that isn't true), just that if VTSAX doesn't pay off as a bet long term, it will be because the dollar has ceased to be valuable. Basically, a bet on VTSAX is underpinned by faith in the dollar. If either one crashes the other is worthless.