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Net54baseball.com Forums - View Single Post - Taking money out of retirement funds to purchase cards
Thread: Taking money out of retirement funds to purchase cards
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Old 10-22-2022, 12:43 PM
Republicaninmass Republicaninmass is offline
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Join Date: May 2009
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Quote:
Originally Posted by carlsonjok View Post
it all depends on how you define "few" and "nothing" The estimate I saw is that approximately 37% of exchange traded stocks (NYSE, NASDAQ) pay dividends. Certainly, that isn't a huge number, but over one in three is not how I would define few. How many sports cards pay dividends? Additionally, when you look at long term returns, stock markets return anywhere from 7.5% to over 12% annually (depending on what time frame you chose and whether you DRIP.) That is not nothing. Not to me anyways. I.
Hence why stating at a 5% 0 risk CD has to be tempting for "card holders" and stock holders alike. I was right on many of my contrarian plays, wrong a one big one.
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