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Nephasth:

--- Quote from: pinballwizard79 on March 21, 2011, 09:31:03 pm ---If you have $500k in assets & $400k in debts you are not doing so hot there ballers  ;D
--- End quote ---

I always thought the further you are in debt when you die, the further ahead you got in life.  ;)

Samstag:

--- Quote from: hyiu on March 22, 2011, 01:24:39 pm ---as a simple example,
you mentioned index fund, so I picked the most obvious one... S&P500 ETF SPY...
if you buy S&P 500 ETF (SPY) on 2000 (10 yrs ago), you will be under water now, and no 5-7% return whatsoever...

--- End quote ---

If you cherry-pick the numbers you can make them say anything you want.  Using the value at open on 4/1/2001 ($116.3) it's up 10%, which is still a poor investment for such a long term, but a lot different from being under water.

I'd rather pick a time like November/December 2008 (around $85-$95) when I jumped on a weak market and dumped nearly all my "safe" investments for various mutual funds.  If I'd been paying down my mortgage instead of building up reserves I would have missed out on greater than 20% returns across the board.

Donkbaca:
You guys are forgetting about dividends...

Samstag:

--- Quote from: Donkbaca on March 22, 2011, 02:52:03 pm ---You guys are forgetting about dividends...

--- End quote ---

Are they a factor?  I don't have any investments that pay dividends in any significant amount. 

HaRuMaN:

--- Quote from: Samstag on March 22, 2011, 03:03:25 pm ---
--- Quote from: Donkbaca on March 22, 2011, 02:52:03 pm ---You guys are forgetting about dividends...

--- End quote ---

Are they a factor?  I don't have any investments that pay dividends in any significant amount. 

--- End quote ---

They can be...  I have some stock that pay dividends that I just reinvest right back into the stock.

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