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jfengel
1mo ago
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Is it profitable? Current price for No is $.96. Making 4% in 8 months is better than most sure bets but less than the stock market on average.
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ajross
1mo ago
· 2 in thread
Stock market's historical average is actually just about 4%/year after inflation. So it does beat it (absent fees), but just barely.
2ndorderthought
1mo ago
Barely above a high yield savings account I guess.
ajross
1mo ago
Historically, savings accounts do much worse than the stock market. People are spoiled from the last decade and don't remember what corrections or bear periods look like. Over time you get 4% over inflation. That's it.
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