Just holding Nasdaq 100 ETFs is enough? People get impressed by "doubled my mone... | Hacker News

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		vickychijwani 5 months ago \| parent \| context \| favorite \| on: OpenAI raises $8.3B at $300B valuation Just holding Nasdaq 100 ETFs is enough? People get impressed by "doubled my money" but forget that the most important question is - how much time did it take? Even a super safe asset with 3% returns will double your money... in 24 years.

moralestapia 5 months ago [–]

7%+ per year?

vickychijwani 5 months ago | [–]

https://www.invesco.com/qqq-etf/en/performance.html

Nasdaq 100 -> 4.5x your money in 10y

S&P 500 -> 2.5x your money in 10y

moralestapia 5 months ago | | [–]

Whew! Thanks!

(No really, I thought the "just invest" thing was a meme)

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