And now do Bitcoin!
Stocks compensate for monetary debasement. The rest simply doesn't work.
447 sats \ 5 replies \ @OT 17 Dec 2023
Some stocks go to zero
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10 sats \ 3 replies \ @Undisciplined 18 Dec 2023
That's what I was thinking. There's some sort implicit stock portfolio management strategy in that figure, unless it's literally the performance of only the companies being traded 200 years ago.
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294 sats \ 2 replies \ @TomK OP 18 Dec 2023
You need to invest a lot of time to follow the cycle and pick the best stocks. Or you just buy the FAANG....
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0 sats \ 1 reply \ @Undisciplined 18 Dec 2023
That makes the chart pretty misleading then, because most of those are set it and forget it type investments and one has this extra cost of management that is not being accounted for.
I also doubt that they included the literal costs (brokerage fees, capital gains, etc) that would be incurred by managing a portfolio that got those returns.
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294 sats \ 0 replies \ @TomK OP 18 Dec 2023
You're right. If You put this into the equation it looks worse
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0 sats \ 0 replies \ @TomK OP 17 Dec 2023
That's why You should choose whisely...
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79 sats \ 2 replies \ @BitcoinIsTheFuture 17 Dec 2023
Not bad, but this data is missing the last decade. A lot happened since. Can anyone find an updated chart? Thanks for sharing!
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2 sats \ 1 reply \ @TomK OP 17 Dec 2023
That's the best I could find for now
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6 sats \ 0 replies \ @BitcoinIsTheFuture 17 Dec 2023
Nice. This one goes to present. Pretty funny and very telling!
Article - https://www.investorsfriend.com/asset-performance/
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10 sats \ 1 reply \ @joyepzion 18 Dec 2023
Good to see Stocks on the fly
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0 sats \ 0 replies \ @TomK OP 18 Dec 2023
Wait for the btc miners...
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10 sats \ 10 replies \ @gunson 17 Dec 2023
Makes me feel better about my pension fund which I can't get BTC exposure for.
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46 sats \ 9 replies \ @TomK OP 17 Dec 2023
You can put Microstrategy or one of the big Miners as proxy in it.
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0 sats \ 8 replies \ @gunson 18 Dec 2023
Not in mine. UK based, and I can only choose from 4 index funds 😪
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0 sats \ 1 reply \ @TomK OP 18 Dec 2023
Do Your own investment besides.
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0 sats \ 0 replies \ @gunson 18 Dec 2023
I do, in this thing called Bitcoin 😋
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0 sats \ 5 replies \ @orthwyrm 18 Dec 2023
Can you move to a SIPP?
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50 sats \ 4 replies \ @gunson 18 Dec 2023
Just looked this up, thanks! Seems there could be some restrictions but may be possible.
These days you need to be a full time investor AND financial advisor to be able to manage your fiat money.
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21 sats \ 3 replies \ @orthwyrm 18 Dec 2023
No problem. I have an SIPP with Hargreaves Lansdown and hold some MSTR in it.
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71 sats \ 2 replies \ @gunson 15 Jan
So I finally tried to move to a SIPP and did loads of paperwork, but turns out my current pension doesn't allow transfers out.
Yet another reminder why having as much wealth in Bitcoin is critical - you don't have to ask permission to make a transaction.
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0 sats \ 0 replies \ @orthwyrm 16 Jan
Wow, that's absurd.
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0 sats \ 0 replies \ @TomK OP 15 Jan
In what world do we live where some bureaucraps or bankster legally can block our funds and there is no outcry in the streets?
You're right: we fight back with btc!
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