mike-s wrote:
troubledwaters wrote:
mike-s wrote:
troubledwaters wrote:
I love these one size fits all answers. That allows me to borrow other peoples money at 4.5% while keeping my money invested at 9.5%.
That 4.5% is fixed. Where are you getting a fixed (risk free) return of 9.5%, and have you deducted taxes to calculate that return?...
You're right it's not fixed. Actually, over the first 3 quarters of this year it's over 12% and I still have 1 quarter to go. Your one size fits is alright by me, but I'm sure you won't mind if I don't follow your advice.
So, how did that work out for you in 2000-2003, or 2008?
Seriously?
At it's lowest point DJIA went from 10,300 down to 7,500.
Within a year it was back to 10,300
Today it's at 22,331
I'm a masochist, zo please tell me again how I took a beating.