I didn’t lose a good chunk or a small chunk on stocks.
IN ANY MARKET, A Loss “ON PAPER” is still a loss, which may or may not ever come back.
Past returns are no indication/guarantee of future returns.
Survey and I are on the same page.
Neither one of us is talking about SD RE PE.
You have your points. My poison has been chosen.
The returns that you quote are typical MSM kool-aid.
There is NO WAY that the S&P has compounded 7% Year over year for 100 years. Just isn’t possible. $1 invested at 7% compounded over 100 years would net almost $900.
The S&P hasn’t gone up 900X
That also doesn’t account for taxes paid on realized gains which can be deferred forever with 1031 exchanges.
There hasn’t been a generation that has comfortably retired en masse on stocks. The test is coming and I won’t be a large part of it. I’ll be watching from a distance, hopefully collecting rent from tenants monthly.
I am NOT saying that one cannot make money holding/trading stocks. I AM saying that thinking they will only go up and that index funds are security for the future is misleading…. sounds like propaganda for buying a house.
Real estate isn’t without its risks either.
It would be interesting to compare the net worth of a RE investor who leveraged properly and deferred taxes paid to the net worth of a stock market investor after 20-30 years.
It’s not about what you make,, it’s about what you keep.
“The stock market is nothing more than gambling and a legalized pyramid scheme”
“the stock market is simply based on the greater fool theory”
Many people WILL get burned in the stock market.
Some wont.
