Quote:
Originally Posted by unit
6% in 5 years eh... maybe you just chose bad investments, because the market has returned about 50% in the last 5 years (s&p, 1300 in march 2011, 2000 in march 2016)
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6% per year on average is what I saw.
Not bad, per se. But not like the $100k bump that some people are seeing in the span of a year.
Quote:
Originally Posted by jackmeister
Damn, maybe you had some bad luck with some investments or bought dividend stocks........ because looking back 5 years:
AAPL +123% + currency
Visa 313% + currency
Mastercard 281% + currency
Imagine the calls on these on these 
Then we have the shitty canadian stocks
Royal Bank +27%
CIBC +20%
Rogers +52% |
It's easy to look like Warren Buffet in hindsight. So I won't give this reply too much credit.
A simple 5 year look at Apple shows me the following.
$45.75 in June 2011.
$100 in September 2012.
$55.79 in April of 2013.
$132.54 on May 22 of 2015.
To today's value of $105.91
We all know that to make money in this game you need to sell high, and buy low. But unless you have a crystal ball, you have no idea when these gains and losses are going to take place.
What if you bought in September 2012?
What if you were forced to sell in April of 2013?
What if you held $100k of stock for the 5 years? It would be worth $200k today. Whereas my home value shot up beyond that in the same amount of time.
This is why people talking about the gains they
could have had is absolute bullshit. I could make millions on the last lottery if I knew the winning numbers beforehand. Same goes for the stock market.
For the record, my banking stocks and real estate hedge funds did very well, but my resources and Canadian dollar didn't, bringing my overall portfolio down.
To you folks with all of the answers, I ask you this.
Where is your Lambo?
What is the view like from your Coal Harbour apartment?
Yeah. Just like I thought...... All talk.
Quote:
Originally Posted by Hondaracer
I find it funny how people here talk about these double digit returns on equities like it was a some guarantee.
Most people I know who have invested fairly heavily in US equities over the past 10 years have done quite well, but to talk about these 50+% returns is retarded. I highly doubt anyone here, let alone in the industry managed to pull off massive returns in the last 20 years. Done well? Sure. But these comparisons vs the housing market are the most ideal outcomes possible, and assuming people REALLY knew what they were doing when it came to investing.
On the other hand someone purchased a home and did nothing and made a 20%+ return.
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Thank you!