Submitted by [deleted] t3_1233auf in personalfinance
Eatsnocheese t1_jdt6bn5 wrote
Reply to comment by [deleted] in Preparing to buy our first home by [deleted]
Wait. I want to make sure I understand. Your investment account is earning more than 26%?
[deleted] OP t1_jdt7wat wrote
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[deleted] OP t1_jdt7xtr wrote
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Coolyajets t1_jdt8xnc wrote
Wtf are you invested in? Nothing gains like that unless it is ridiculously risky. If it's risky, you do not want to invest money that you will need in a year in it.
Quiet-Road-1057 t1_jdtcype wrote
There’s literally no possible way. The best performing fund last year went up 6% and the top performing fund on a 3 year average went up 16% on average.
Liquidate your investments, pay your credit card debt.
Skeptical-_- t1_jdu9mkb wrote
That’s easily possible if they bought a few specific stocks. Not that’s necessarily a good idea but very possible it happened.
Quiet-Road-1057 t1_jdv4ujr wrote
You’re absolutely right, but in this event OP is 1) not investing, he’s gambling and 2) he’s on a massive stroke of good luck that OP should not be expecting to continue.
[deleted] OP t1_jdtmgst wrote
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Cypher1388 t1_jdth9z7 wrote
28% per year, right... Not 28% total, right?
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