Only people mentioned by Fastwalker in this post can reply
Carole Davis-Z
@Tallyho
22 February, 12:02
In response walker Fast to his Publication
'if' you had gotten 5% return...
It could just add easily have been wiped out completely.
Most banks offer 2% on a min deposit of $1000... kept in for a period of time.
If you chose to work the stock market, that requires time and research - every day, or again, your nest egg could be wiped out.
One of the best investments is property, either vacant land as a speculation on future use, or, a house (or houses if you wish to be a landlord - but beware, the current 20 - 30 somethings, seem to think you immediately becme their parent and must therefore let them reside for free, and treat the property as THEY see fit - despite the contract they signed).
Property very rarely goes down in price (unless an undesirable thing moves into the neighborhood), and the profits are always greater than long term stock investing.
After all, unless you live in Hawaii or Iceland, they are not making any more land.
It could just add easily have been wiped out completely.
Most banks offer 2% on a min deposit of $1000... kept in for a period of time.
If you chose to work the stock market, that requires time and research - every day, or again, your nest egg could be wiped out.
One of the best investments is property, either vacant land as a speculation on future use, or, a house (or houses if you wish to be a landlord - but beware, the current 20 - 30 somethings, seem to think you immediately becme their parent and must therefore let them reside for free, and treat the property as THEY see fit - despite the contract they signed).
Property very rarely goes down in price (unless an undesirable thing moves into the neighborhood), and the profits are always greater than long term stock investing.
After all, unless you live in Hawaii or Iceland, they are not making any more land.
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Ella Elaine
@SoozieQ01
22 February, 02:03
In response Carole Davis-Z to her Publication
Totally THEFT!!!!
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Sherlock Pepe
@SherlockPepe
22 February, 05:17
In response Carole Davis-Z to her Publication
Every investment has risk and every investment has the potential to falter. Whether it's due to government actions or incompetent property owners, it all has the potential to devalue itself.
I've purchased property when its value was dropping below its average.
If a person would have invested stock in the top 500 companies for nearly 70 years, let it ride, the average annual return would have been 10%+. No daily studying involved. You don't have to be a day trader in the stock market to make long term returns.
The example above using 5% average return in the stock market is quite conservative. Most likely allocating more stable assets to offset and handle the fluctuations of this whole rigged system.
I've purchased property when its value was dropping below its average.
If a person would have invested stock in the top 500 companies for nearly 70 years, let it ride, the average annual return would have been 10%+. No daily studying involved. You don't have to be a day trader in the stock market to make long term returns.
The example above using 5% average return in the stock market is quite conservative. Most likely allocating more stable assets to offset and handle the fluctuations of this whole rigged system.
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