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essefjo 4 hours ago

Why wait till December? Aren't there higher returns the earlier you put money?

jfengel 3 hours ago | parent | next [-]

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.

ajross 2 hours ago | parent [-]

Stock market's historical average is actually just about 4%/year after inflation. So it does beat it (absent fees), but just barely.

2ndorderthought an hour ago | parent [-]

Barely above a high yield savings account I guess.

ajross 24 minutes ago | parent [-]

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.

2ndorderthought an hour ago | parent | prev [-]

Is that how it works? I don't gamble sorry. But this one I will gamble on, heavily