Personal Development for Smart People Forums - View Single Post - What is the most effective way to become wealthy?

Still Growing · 10-10-2008, 12:41 PM

Teatee,
Historically the stock market has given a higher rate of return than 4%. Of course if you look at 5 years vs 30 years then that is not always the case.

I like the idea of paying off the house because its a sure thing. Its really like comparing a guaranteed 4% savings vs the opportunity for a 12% return IF you get in at the right time and get out at the right time and are diversified.

Of course right now is the time to buy if you select the right company.

10-10-2008, 12:41 PM	#44 (permalink)
Still Growing Senior Member Join Date: Nov 2006 Posts: 944	Teatee, Historically the stock market has given a higher rate of return than 4%. Of course if you look at 5 years vs 30 years then that is not always the case. I like the idea of paying off the house because its a sure thing. Its really like comparing a guaranteed 4% savings vs the opportunity for a 12% return IF you get in at the right time and get out at the right time and are diversified. Of course right now is the time to buy if you select the right company.