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The Water Cooler
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5 Year + Investments?
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<blockquote data-quote="CHenry" data-source="post: 2996187" data-attributes="member: 6281"><p>Mutual funds, not single stocks, those are too volatile. Get on Vanguard.com and look at the SP500 index mutual funds. They follow the SP500 which has a steady history for the last 80 years of only trending up. Short term drops are typical but if you look at a graph, the SP has done nothing but go up over the long term. Mine is averaging 12% pr year and its hard to find anything more profitable than compound interest over time. How old are you?</p><p>Rental property is another thing that is always good if you dont go into debt to buy it.</p></blockquote><p></p>
[QUOTE="CHenry, post: 2996187, member: 6281"] Mutual funds, not single stocks, those are too volatile. Get on Vanguard.com and look at the SP500 index mutual funds. They follow the SP500 which has a steady history for the last 80 years of only trending up. Short term drops are typical but if you look at a graph, the SP has done nothing but go up over the long term. Mine is averaging 12% pr year and its hard to find anything more profitable than compound interest over time. How old are you? Rental property is another thing that is always good if you dont go into debt to buy it. [/QUOTE]
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