The sounds of a stock that will return boku bucks sounds too good to be true. If the stock will return 20% of the value in dividends within a year AND keep going up in price, why isn't everyone and their brother buying it? Also how could that possibly be sustainable long term?
And how was the housing market not predictable? The idea that a commodity could rise in price faster than wages and other things without actually having a valid reason (like houses and/or land becoming more scarce raising their relative value) makes no sense. If house prices rise faster than wages the price of a house would eventually just become some abstract number that no one would actually be able to pay. I mean if inflation is 3%, and houses rise 10%, what happens in 100 years? Houses will cost some astronomical number that you couldn't afford. Mortgages would need to be multi-generational to even be paid off. Anyone with even a rudimentary understanding of economics should have seen how this was unsustainable and didn't make sense.
I don't have a ton to invest. Only like $50. It's not really a major investment, but with savings bonds only gaining 0.6% a year I would rather just give cash. 0.6% is retarded. I just want to use the money I would normally spend on garbage for her xmas present. She doesn't need anymore toys or anything, and probably wouldn't even notice another $50 in shit. She will however notice the culmination of 18 years of bday and xmas gifts when she gets it all in a lump sum.
Edit: I don't want anyone to think i'm being an asshole or anything. I appreciate everyones input. The stock advice just sounds too good to be true on first glance. And a bunch of people DID predict the housing crash. They were laughed at. In hind sight though it is painfully obvious how the housing market was unsustainable.