News for hackers. Stuff that matters.

A comment on Becoming a high performing software developer working from your bedroom. Parent comment

Re:Becoming a high performing software developer working fro... by jbb123 on Wednesday February 12, 2020 @09:28AM (#22309046)
Most ETFs have returned about 7-8 % average long term (before allowing for inflation). Not a bad return, but very different over 20 years from 10-15%
[ Parent | on HN ]
Re:Becoming a high performing software developer working fro... by Kirby64 on Wednesday February 12, 2020 @03:35PM (#22312532)
Average rate of return is 7% accounting for inflation, actually. That assumes you're doing dividend reinvestment and such.

Vanguard's predictions of 3-4% over the next decade mean that if you do a straight dollar calculation you'd be closer to ~7%, because that 3-4% number includes inflation, once again.

[ Parent | on HN ]
Re:Becoming a high performing software developer working fro... by Solvitieg on Wednesday February 12, 2020 @03:18PM (#22312360)
It has to be said that this 7-8% average is inflated due to being at the end (?) of a ten year bull market.

Vangaurd is predicting low growth of 3-4% over the next decade.

[ Parent | on HN ]
Re:Becoming a high performing software developer working fro... by robohoe on Wednesday February 12, 2020 @09:37AM (#22309107)
7-8% is still nothing to scoff at. Better than a measly 1% in a savings account :D
[ Parent | on HN ]
Re:Becoming a high performing software developer working fro... by Ididntdothis on Wednesday February 12, 2020 @10:17AM (#22309433)
There is a slight difference in outcome between 7 and 15 percent return though :).
[ Parent | on HN ]