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NewsgroupAds wrote:
> The
> smartest business decision we could have made 50 years ago was to buy
> a McDonalds Franchise for under $5000. We’d be multi-millionaires!)
I disagree. $5,000 to $2M over 50 years is only a 12.8% return on the
investment.
If iyou had instead in 1957 invested $5,000 in the 100 S&P stocks with
the lowest P/E ratios today you'd have more than $2.5M and it would have
taken a lot less work.
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