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I'll definitely put money on that one around December for a quick return. Thanks for the tip
by 2ndorderthought 6mo ago
I'll definitely put money on that one around December for a quick return. Thanks for the tip
- essefjo 6mo agoWhy wait till December? Aren't there higher returns the earlier you put money?
- jfengel 6mo agoIs it profitable? Current price for No is $.96. Making 4% in 8 months is better than most sure bets but less than the stock market on average.
- ajross 6mo agoStock market's historical average is actually just about 4%/year after inflation. So it does beat it (absent fees), but just barely.
- 2ndorderthought 6mo agoBarely above a high yield savings account I guess.
- ajross 6mo agoHistorically, savings accounts do much worse than the stock market. People are spoiled from the last decade and don't remember what corrections or bear periods look like. Over time you get 4% over inflation. That's it.
- 2ndorderthought 6mo agoIs that how it works? I don't gamble sorry. But this one I will gamble on, heavily