Breakaway - Investing & Finance
Breakaway - Investing & Finance
Sean Hathaway
Markets, Interest Rates, AI, Netflix, SpaceX
41 minutes Posted Sep 20, 2024 at 5:00 pm.
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Personal YogaGolf LessonMarkets S&P500 up 20%VGT up 19%Dividends/value up 11%. 3.36% yieldBTW: 5 years ago you buy VGT: you’re up 2.7x. $100k = $270kVOO: up 2x = $200kAt 7% annualized return = double in 10 years. At 10% annualized return = double in 7 years. At 20% annualized return = double in 4 years Fed just cut by 0.5%. First cut since 2020. I.e. Covid. Current federal-funds rate is at 5.25% to 5.50%, Expect 0.75% of cuts in 2024. Meeting Sept 18. 2 m...