• Demuniac@lemmy.world
    link
    fedilink
    arrow-up
    1
    arrow-down
    1
    ·
    1 month ago

    Or just ask what stock is going to raise the hardest and ask when is the best moment to sell if you have 2 questions

    • nyctre@lemmy.world
      link
      fedilink
      arrow-up
      1
      ·
      edit-2
      1 month ago

      You’d need to invest 1mil in a 3000% return stock in order to make 30 mil like the gold option. If you bought fb when it was lowest and sold when it was highest, you’d get 2158% return. There’s stuff like Amazon, coca cola, etc. That had much higher % gain but you’ll need for that company to exist and then wait for it to explode.

      If you already have a lot of money to invest, sure, your strategy might be worth. Otherwise, double gold sounds better.