If you put money in the stock market, and then wait 50 years, you’ll have 25 times as much money in the end as the beginning.
I have several questions...
Have things ever worked out this way for anyone?
What was the historical origin of the idea that investing in the stock market is a reliable way for people in general to get wealthier, rather than a form of gambling for the affluent?
Playing the stock market was popularized in recent decades. I’d guess that the USA has tens of millions of “retail investors”, for example. Is there an identifiable large cohort who made the same kind of long-term investments (e.g. in index funds), of whom we can say, their net wealth on average went up by a certain amount? (Don’t forget to include inflation in the calculation.)
How does “ownership of stocks” compare to “ownership of real estate” as a long-term wealth strategy?
I have several questions...
Have things ever worked out this way for anyone?
What was the historical origin of the idea that investing in the stock market is a reliable way for people in general to get wealthier, rather than a form of gambling for the affluent?
Playing the stock market was popularized in recent decades. I’d guess that the USA has tens of millions of “retail investors”, for example. Is there an identifiable large cohort who made the same kind of long-term investments (e.g. in index funds), of whom we can say, their net wealth on average went up by a certain amount? (Don’t forget to include inflation in the calculation.)
How does “ownership of stocks” compare to “ownership of real estate” as a long-term wealth strategy?