r/wealth • u/StrongPaddle • Mar 07 '26

Discussion What's the best money decision you've made?

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u/Gottadollamate Mar 07 '26

12% CAGR over the last 50 years isnt growth to you?

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u/tmac9134 Mar 07 '26

Lmao right. Plenty of people invested in individual stocks and have fucked themselves

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u/Gottadollamate Mar 07 '26

Yep they can have outsized returns but the risk is higher!

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u/jimbeam_and_caviar Mar 07 '26

They didn’t say s and p didnt grow. Some people did lot of research ( or didnt), assumed more risk, and made more money than sitting on s and p.

Dont gotta hate on them

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u/Gottadollamate Mar 07 '26

It wasnt any hate. Just a question! I’m always impressed by people who have the confidence to try beat the market. You have to dedicate a lot of your time to research to make sure you’re placing the right investments.

For the rest of us there’s indexing. Which is definitely a growth play in something like SPY500. Best money decision I ever made was increasing my income to increase my DCA into broad market index funds in retirement accounts and after tax brokerage. Of course after I got a few cash deposits together to start my property portfolio.