turn $16 into us$ 80,000 over 40 years, page-11

re: turn $16 into us$ 80,000 ... geffa A house purchased in the Sydney burbs in 1964 cost $8000, (was actually in pounds but thats apporx price).

I just checked the same area now, and the avg seems to be around $400K.

I realise this is only one stock and the market as whole would not return as good, but just goes to show the importance of doing research before investing in the market.

The right share investment will always beat a property investment hands down.