FYI: My least favorite market stats lead off with the following:
If you would have just invested $10,000…
This is always followed by Amazon, Berkshire Hathaway, Bitcoin or some other asset that has seen enormous gains since its infancy. And if you had only invested $10,000 you would be a millionaire many times over. So why didn’t you?
First of all, picking these winners is hard. No one ever says:
If you would have just invested $10,000 in General Electric 5 years ago, your initial investment would be worth $6,250.
This is true by the way but that’s not quite as sexy as discussing the huge gainers.
Regards,
Ted
http://awealthofcommonsense.com/2018/09/the-best-performing-stocks/
