While that average number may sound attractive, timing is everything - get in at a high or out at a relative low and you will not enjoy such returns.
Does Trickle-Down Economics Actually Work?
- Thread starter Frederick Foresight
- Start date
While that average number may sound attractive, timing is everything - get in at a high or out at a relative low and you will not enjoy such returns.
Sometime in the 1980s it became apparent that household income was no longer rising in pace with rising productivity, that a greater share of profits was going to Capital instead of Labor than had been the historical norm (since the New Deal, anyway). That's when trickle down economics began to fail.
Tony do you not have any long term investments?
No wonder you’re a democrat lmfao
Anyone who bought SPY any time in the past is in the green
Perma bears Like yourself are only right once every 10 years or so. Better to just buy and hold and rake in money than be right and tell everyone “I told you so” when the market crashes. (Being right won’t pay your bills. Making money will)
That is not the same as your 8% per year for 30 years argument.If the stock market could guarantee 8 % per year for 30 straight years there wouldn't be 3.2 trillion in hedge funds and trillions more in other risky investments.
Tony do you hold any long term investments yes or no?
Showing your financial ignorance.If it was as easy as you seem to think it is there wouldn't be trillions of dollars in other risky investments.Bernie Madoff was only promising 10% a year.He would not have been as big as he was if it was easy to get 8% risk free.
Many.Thats why unlike you I know that depending on 8% a year risk free for 30 straight years isn't realistic.
I take that as a no, thanks Tony! confirming my thesis that democrats are only democrats because they dont invest their money
i made 40% last year in my long term portfolio, 5700% day trading. investing isnt for everyone