GrammarPolice@lemmy.world to memes@lemmy.world · 2 days agoGuess I'm sleeping on the couch againlemmy.worldimagemessage-square155fedilinkarrow-up1961arrow-down115
arrow-up1946arrow-down1imageGuess I'm sleeping on the couch againlemmy.worldGrammarPolice@lemmy.world to memes@lemmy.world · 2 days agomessage-square155fedilink
minus-squareUnderpantsWeevil@lemmy.worldlinkfedilinkEnglisharrow-up117arrow-down1·2 days agoPeople 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-up4·16 hours 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-down2·15 hours agoNot if you’re going for those big gains they aren’t 💪
minus-squareSpicyLengthiness@lemmy.calinkfedilinkarrow-up4·14 hours 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.
minus-squaregingernate@sopuli.xyzlinkfedilinkEnglisharrow-up1arrow-down1·10 hours agoThank you for the common sense.
minus-squareSpicyLengthiness@lemmy.calinkfedilinkarrow-up1·6 hours agoIt’s definitely not common sense lol. People love to gamble and dream.
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”
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.
Thank you for the common sense.
It’s definitely not common sense lol. People love to gamble and dream.
Leverage is a hell of a drug.