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2ndorderthought
43 days ago
I'll definitely put money on that one around December for a quick return. Thanks for the tip
1 comments
essefjo
43 days ago
Why wait till December? Aren't there higher returns the earlier you put money?
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jfengel
43 days ago
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
43 days ago
Stock market's historical average is actually just about 4%/year after inflation. So it does beat it (absent fees), but just barely.
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2ndorderthought
43 days ago
Barely above a high yield savings account I guess.
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ajross
43 days 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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2ndorderthought
43 days ago
Is that how it works? I don't gamble sorry. But this one I will gamble on, heavily
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