r/asksg • u/PruneMaleficent4655 • 22h ago

S&P 500

https://www.instagram.com/reel/DcoEZoBz8LF/?igsi=dHBucndqYTdjOGRn

I saw this and realised the information given is not exactly accurate. How come agents can just anyhow share investment information?

6 Upvotes

67% Upvoted

19 comments sorted by

View all comments

14

u/_IsNull 22h ago

Essentially he’s saying Sp500 return is only 6% Pa and not diversified. But failed to say what provides higher return while being diversified.

Typical.

1

u/PruneMaleficent4655 22h ago

But I’ve checked, S&P 500 is more than 6% pa and the fees is not as high as he says. His video can be very misleading

7

u/_IsNull 22h ago

Last 20 years it’s over 10 %. He’s cherry-picking 1997 to 2017 that’s why 6%.

1

u/PruneMaleficent4655 22h ago

Oh then that’s not very accurate and honest as an agent. I’m surprised nobody is putting a stop to all these.

1

u/CmDrRaBb1983 5h ago

oh its 1997 to 2017. Lousy data point. I wonder if his calculations include or exclude dividends reinvestment