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Personal Finance and Investing

PoindexterOglethorpe

(27,040 posts)

10. Because stocks return less than 5% a year.

Reply to doc03 (Reply #9)

Tue Mar 15, 2022, 11:00 PM

Mar 2022

Oh, wait. Over the long term, as in since 1929 or so, stocks return at least 8% a year. Yes, it varies a lot from year to year, but averaged out, it's 8%.

So don't risk your money on Wall Street.

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Doesn't this seem like it is too good to be true? [View all] NeoConsSuck Mar 2022 OP

Ahh, you forgot, money makes money.... Dan Mar 2022 #1

That's not bad if inflation doesn't pass 7% annually bucolic_frolic Mar 2022 #2

I have two of them NeoConsSuck Mar 2022 #6

This isn't making sense to me. A HERETIC I AM Mar 2022 #3

My assumption was five years of interest @ 5% a year. NeoConsSuck Mar 2022 #4

OK...fine...I see why you worded it the way you did. A HERETIC I AM Mar 2022 #7

I think he's assuming 5% per year bucolic_frolic Mar 2022 #5

I bought one last year and one this year. The problem doc03 Mar 2022 #8

There is also no state or local tax on them. You aren't doc03 Mar 2022 #9

Because stocks return less than 5% a year. PoindexterOglethorpe Mar 2022 #10

I am 74 years old, from what I have read at my age you should have no more than 40-45% doc03 Mar 2022 #11

I am 73 years old myself. PoindexterOglethorpe Mar 2022 #12

He is talking about US government I Bonds. I Bonds interest is based on the inflation rate doc03 Mar 2022 #13