That is true but LBI is priced in LEO, nothing else.
Why not compare it to the Venezuelan Bolivar or the Turkish Lira?
You can also find better returns elsewhere if you want depending upon the market.
Of course, just off the top of my head, since the 12% wasnt in hand all year with HBD, the net payout for the year was probably 7%. That is about 1/10th the return of LBI. Even if the price dropped by 4/5ths, the return still might exceed the HBD.
And your theory goes to all hell if the price of LEO takes off. HBD is great to get a consistent return and remove volatility. However, if you are going to play the time the market game, then that is one approach. However, most cannot do that successfully so the comparison holds no weight.
Posted Using LeoFinance Beta
I'm only bringing up the point because I'm fixing to take about 5K of the money from my house sale and invest it.. obviously I want the best ROI possible..
That is a tough one. At these prices, something like HIVE might be a better options. But LEO could be good too.
HBD is a lest risky move, but not going to get the return.
Always comes down to your risk tolerance. Very little downside to the HBD though.
Posted Using LeoFinance Beta