GrammarPolice@lemmy.world to memes@lemmy.world · 10 days agoGuess I'm sleeping on the couch againlemmy.worldimagemessage-square31fedilinkarrow-up1570arrow-down111
arrow-up1559arrow-down1imageGuess I'm sleeping on the couch againlemmy.worldGrammarPolice@lemmy.world to memes@lemmy.world · 10 days agomessage-square31fedilink
minus-squareSpicyLengthiness@lemmy.calinkfedilinkarrow-up3·10 days 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-up1arrow-down1·9 days agoNot if you’re going for those big gains they aren’t 💪
minus-squareSpicyLengthiness@lemmy.calinkfedilinkarrow-up3·9 days 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.