My returns in the stock market mostly into MSFT, GOOG, and AMZN:
Bush 41 years -20% compounded annually
Clinton years +20% compounded annually
Bush 43 years +20% compounded annually
Obuma years +20% compounded annually
Trump years +39% compounded annually
My returns on owning guns 1961 - 2020 +3% compounded annually
If I walk into a pawn shop and buy a Rem 700 30-06 with Leupold 3x9 scope for $400 + 10% sales tax = $440.
If I stand there and say, OK, I want to sell it now. They will sell it on commission of 15% of $400 = $340 I get back when it sells.
That is 25% cost of trading.
At 3% compounded it takes 7.5 years before I make up the commision and sales tax.
That is NOT a good investment.
