3 ms·
Is 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.
by jfengel 6mo ago
Is 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.