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| Topic | How closely do you follow the stock market? |
| Blaqthourne 02/26/20 7:49:31 AM #14: | wolfy42 posted... I don't invest in stock. I don't gamble......people will tell you...long term the stock market is not a gamble!!! I don't know. My bank account is paying around 0.5% interest. My CDs are in the 1.5% range. I have a basket of stocks all paying from 2% to 10+%, with the vast majority over 4%. What I started investing with in stocks a little under 20 years ago more than tripled, as of two years ago when I started moving a bunch of money into the market (one of the first stocks I bought, and still own, quintupled just from reinvested dividends). Obviously, that includes the recession of 2008, which I think scared me off from putting more in for a long time. The average return of the S&P 500 has been 8% over the last 60 years. https://www.investopedia.com/ask/answers/042415/what-average-annual-return-sp-500.asp I think I prefer being stupid. --- Montreal Expos (1969-2004) http://www.backloggery.com/Blaqthourne Now playing: -- started ... Copied to Clipboard! |
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