Re: Ugly Duckling Investing
Guys, you know that adding 100$/month to 10,000$ is a 12% return, even if you keep the principal in a terrible investing vehicle. Then "all" you have to do is make up that 3% to do as well as that implied 15% return. It means that for the novice the savings method is a surer deal than investing for smaller amounts, but it also means that you want to sweat the small, obvious stuff, like putting your savings in a vehicle that doesn't lose you money - ie. fees and taxes - and that earns you at least the going rate.
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