Comment by jfengel
3 hours ago
Is it profitable? Current price for No is $.96. Making 4% in 8 months is better than most sure bets but less than the stock market on average.
3 hours ago
Is it profitable? Current price for No is $.96. Making 4% in 8 months is better than most sure bets but less than the stock market on average.
Stock market's historical average is actually just about 4%/year after inflation. So it does beat it (absent fees), but just barely.
Barely above a high yield savings account I guess.
Historically, savings accounts do much worse than the stock market. People are spoiled from the last decade and don't remember what corrections or bear periods look like. Over time you get 4% over inflation. That's it.