Two years ago, steve requested suggestions for investing $5000, with the ever-popular goals of maximizing return while minimizing risk.
Two years later, only one suggestion would have lost value: Ethereum dropped from $300 to $182. But ETH also offered a chance at a huge gain if steve had timed a sell perfectly. In January 2018 ETH hit $1,433, providing an opportunity to convert the $5000 to $23,881.
Ripple was another extreme performer, rising 1729% between November 2017 and peak crypto, with a potential return of $91K.
With the long-awaited recession refusing to arrive, the stock market continues to hit all time highs, and just about any stock would have performed better than a CD.
return max return investment $7,981.87 $9,063.63 Amazon
7,350.84 7,379.44 Apple
7,166.67 91,428.57 Ripple
6,510.42 13,950.69 BTC
6,227.28 6,263.86 NASDAQ
6,237.12 6,285.50 Google
6,097.56 6,707.32 Texas Instruments
5,932.90 5,954.13 S&P 500
5,846.40 6,071.02 Gold
5,325.94 5,797.50 Facebook
5,120.01 5,120.01 CD
5,000.00 5,000.00 cash
3,166.67 23,881.33 ETH
Sources:
https://finance.yahoo.com/chart/AMZN
https://finance.yahoo.com/chart/AAPL
https://coinmarketcap.com/currencies/ripple/
https://coinmarketcap.com/currencies/bitcoin/
https://finance.yahoo.com/quote/%5EIXIC
https://finance.yahoo.com/chart/GOOG/
https://finance.yahoo.com/chart/TXN/
https://finance.yahoo.com/quote/%5EGSPC
https://www.jmbullion.com/charts/gold-price/