Yeah that was also for me a absolute startling insight. S&P keeps you only even, regarding your purchasing power. Only if you invested in the Mag7 tech stocks or at least in an Nasdaq ETF where you able to outgrow your purchasing power against inflation.
Heard that btw two years ago in the @npub15dql...lm5m interview at the Tucker Carlson show.
Login to reply
Replies (1)
I don't agree that this is entirely true. I don't think the top 500 businesses in the world produce zero real return. certainly it isn't 100% real either but don't agree it is 0%