RE: If you were given $100,000 to invest in something for three years before being able to sell, what would it be?
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S&P 500.
Solid historical returns since the creation and think I will be buying at least somewhat of a local low. I'm waiting for it to fall more and can't believe it's still going up with all the negative economic news.
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Wasn't the low in around a month ago? I (probably wrongly) the market has news priced in, so even if it takes years to get back on track, it'll be a slow bumpy ride up.
Yeah the low was a month ago, but it's still better than buying in 2 months ago. LOL plus the S&P 500 averages 6 - 8% per year on average since it's creation. Pretty good historical odds it will be higher in 3 years.
I was pretty close to the mark, just didn't have much to put in :)
https://peakd.com/steemleo/@abh12345/opportunity-of-a-generation