> I have over 1.5 million invested, and I net over 140k
You're making 9.3% on your money? With interest rates as low as they are, I'm pretty impressed. What sorts of things are you invested in?
You're making 9.3% on your money? With interest rates as low as they are, I'm pretty impressed. What sorts of things are you invested in?
Interesting because if it wasn't for 2008, I wouldn't be nearly as wealthy as I am now. I lost quite a bit of money in 2008, but also made more than double my money back as the market recovered. Which is why I don't worry too much when people warn of market crashes...if I could survive 2008, and come out on top, it doesn't seem like there is much to be afraid of. I could be wrong, but it doesn't appear that way.
As noted in other comments, doesn't mean it will last forever (although I'm seeing a lot of economic analysis that supports it over the medium term). And it's not where I'm investing, but then I'm the entrepreneurial control guy not a passive investor like the OP.