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To: NRx

I believe index funds are the way to go, but one can buy companies that are no brainers and substantially outperform he market. I bought Intel and Microsoft in the 90’s, both no-brainers; in recent years, I bought Starbucks, another no brainer for long-term outperformance.


21 posted on 04/25/2015 8:33:47 AM PDT by Red in Blue PA (war is peace, freedom is slavery, ignorance is strength, obama loves America)
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To: Red in Blue PA
I bought Starbucks

Shredded on FR, but the management have to be geniuses.

They sell a Hyundai at a Lexus price, and just keep growing.

22 posted on 04/25/2015 8:35:36 AM PDT by nascarnation (Impeach, convict, deport)
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To: Red in Blue PA

I am amazed at how financially illiterate many people are. Saving early is the key. When I left my first job after college 30 years ago I had $4K in 401K and $4K in IRA that I have kept separate from other savings as my own little experiment. My annual rate of return average over 30 years is just a bit over 12% annually and that $8K is now worth $300K.


26 posted on 04/25/2015 8:56:22 AM PDT by MtnClimber (For views of Colorado scenery and wildlife, click on my screen name for my FR home page.)
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