This is the thread where folks swap ideas on savings and investment --here's a list of popular investing links that freepers have posted here.
Open invitation continues always for input on ideas for the thread, this being a joint effort works well.
Keywords: financial, WallStreet, stockmarket.
The past week sure seemed to be a lot of work getting nowhere, so I checked the comparative returns on typical investments:
Doesn't seem like much of a change, but we always need to keep in mind the power of compound interest. should remember here the affect of compound interest, and a year's worth of +1% weeks yields more than sevenfold growth in assets, while a year of -1% weeks ends up being more than a 86% total loss.
---and here are the daily values of $100 invested in various holdings; not including dividends, taxes, fees, commissions etc.
--so
let me know if anyone wants on or off this ping. Be advised that it gets
posted only when I'm not feeling lazy and remember that we now know from studies
that sloth is completely genetic and lazy people are the way they are because
they were born that way.