GrammarPolice@lemmy.world to memes@lemmy.world · 4 个月前Guess I'm sleeping on the couch againlemmy.worldimagemessage-square65linkfedilinkarrow-up1719
arrow-up1719imageGuess I'm sleeping on the couch againlemmy.worldGrammarPolice@lemmy.world to memes@lemmy.world · 4 个月前message-square65linkfedilink
minus-squareUnderpantsWeevil@lemmy.worldlinkfedilinkEnglisharrow-up84·4 个月前People in 2020: “I’m buying at the bottom of a market, I hope I get 30% yoy returns for the next five years” People in 2025, last week: “Omg, it happened! I’ve more than doubled my money in less than five years!!! Crazy!!!” People yesterday, after a 5% market correction: “I’m destitute”
minus-squareSpicyLengthiness@lemmy.calinkfedilinkarrow-up3·4 个月前If people are destitute after a 5% drop, they really need to reconsider their investment strategy. Index funds are the only viable way.
minus-squareGrammarPolice@lemmy.worldOPlinkfedilinkarrow-up1·4 个月前Not if you’re going for those big gains they aren’t 💪
minus-squareSpicyLengthiness@lemmy.calinkfedilinkarrow-up3·4 个月前Yes they are, I’m up 30% over the past 3 years. Just buying and holding index funds. If you chase big gains, you’ll get them sometimes, but you’ll also get big losses that just cancel them out. Slow and steady wins the race.
People in 2020: “I’m buying at the bottom of a market, I hope I get 30% yoy returns for the next five years”
People in 2025, last week: “Omg, it happened! I’ve more than doubled my money in less than five years!!! Crazy!!!”
People yesterday, after a 5% market correction: “I’m destitute”
Leverage is a hell of a drug.
If people are destitute after a 5% drop, they really need to reconsider their investment strategy. Index funds are the only viable way.
Not if you’re going for those big gains they aren’t 💪
Yes they are, I’m up 30% over the past 3 years. Just buying and holding index funds. If you chase big gains, you’ll get them sometimes, but you’ll also get big losses that just cancel them out. Slow and steady wins the race.