GrammarPolice@lemmy.world to memes@lemmy.world · 4 months agoGuess 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 months agomessage-square65linkfedilink
minus-squareSpicyLengthiness@lemmy.calinkfedilinkarrow-up3·4 months agoIf 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 months agoNot if you’re going for those big gains they aren’t 💪
minus-squareSpicyLengthiness@lemmy.calinkfedilinkarrow-up3·4 months agoYes 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.
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.