Hacker Read

jjeaff | karma 13640 | avg karma 2.31 · 2023-04-27 21:01:17

The markets did more than 12% annual returns for that decade.

jojobas | karma 1645 | avg karma 0.78 · 2023-04-27 21:36:11

That's an average of essentially a lot of different bets. Shale oil was a bet on very high oil prices, this didn't eventuate and they still managed some kind of returns above the interest rates.

jjeaff | karma 13640 | avg karma 2.31 · 2023-04-28 20:55:21

Just the market rate of return. If your money could have done better in an index fund, you've lost.