Thread replies: 11
Thread images: 5
Thread images: 5
File: 1472819362562.jpg (59KB, 655x527px) Image search:
[Google]
59KB, 655x527px
I want to into investment, but can't find anything that seems worthwhile. For example:
http://money.usnews.com/funds/mutual-funds/health/fidelity-select-medical-equip-systems/fsmex/fees
Investing $10k into that mutual fund would net me less than $500 in 5 years. But that same $10k in a savings account with 5% would get $500 in 1 year. Why would I not just put money into a savings account?
>>
>>1971020
Because you don't know what the fuck your talking about. No way in hell will you get 5% from a savings account.
>>
>>1971020
buy vanguard index funds
>>
>>1971131
Even at 1.5%, that's still $500 in less than 4 years.
>>
>>1971141
Vanguard AUTOMATICALLY cashed out my entire 401(k), which means it incurred a fucking 20% tax. Just because I hadn't touched it in a year while I was in school. Fuck Vanguard.
>>
File: hjQN-XgUzLrz9mryVDMezTl72eJkfbmt4t8yenImKBVvK0kTmF0xjctABnaLJIm9.jpg (15KB, 300x289px) Image search:
[Google]
15KB, 300x289px
>>1971020
>Vanguard
Best option for unmotivated wagecucks
>Trading
For people with >100K liquid, desire to learn, and no alternative investment opportunities/skills to capitalize on. Even with all that you are not guaranteed above market returns and you could waste a lot of time to make negative returns to the market or below minimum wage.
>Business
Best option, but you need a great idea/plan. This is what I currently do, and have multiplied my money by leaps and bounds. Also, if you have too much cash and nothing to invest it in for your business, throw it in stocks/bonds depending on liquidity/risk needs.
>>
>>1971020
>Investing $10k into that mutual fund would net me less than $500 in 5 years.
Literally WHAT THE FUCKING FUCK ARE YOU TALKING ABOUT, you retarded monkey? That fund averaged a 19.23% return in the last five years. If you got the same returns going forward, you'd make $14,100, not $500.
Kill yourself. Kill your parents. Kill everyone that shares DNA with you. You're all too stupid to live.
>>
>>1971184
>Best option for unmotivated wagecucks
Hmm, let's see....
Warren Buffett, one of America's most successful investors and among the world's richest people, recommends Vanguard.
Anon, who has an extensive collection of memes, says stay away.
Who should I listen to?
>>
>>1971169
You're assuming you can still get 1.5% after the first year. Monthly unemployment rate vs 12 moving average has been a good indicator of longer term market trend change, while it hasn't changed yet odds are high it will within next 12 months. In next market down cycle I'd be surprised if fed doesn't cut to 0% if not go negative, so assuming 1.5% will be available to you over the next 3 years is probably a bad assumption.
>>
>>1971471
Anon, what is the bottom half of your chart?
>>
>>1971842
The dots are the monthly US unemployment rate, the line is a 12 simple moving average of it. I screwed up lower legend showed 12 month percent change, attached one that shows actual unemployment rate.
Thread posts: 11
Thread images: 5
Thread images: 5