Comment by vickychijwani
16 hours ago
Doubling your money in 10 years is < 7.2% per year compounded. With the risks involved here, I wouldn’t take that bet. There are safer assets that would return that much.
16 hours ago
Doubling your money in 10 years is < 7.2% per year compounded. With the risks involved here, I wouldn’t take that bet. There are safer assets that would return that much.
Which ones, so I can acquire them.
Just holding Nasdaq 100 ETFs is enough? People get impressed by "doubled my money" but forget that the most important question is - how much time did it take? Even a super safe asset with 3% returns will double your money... in 24 years.
7%+ per year?