Cus I was early to btc and eth and I’m not a dumb nigger that has never measured that line against the money supply
Jackson Hughes
That's what my 401k is for, balls deep in large cap, small cap, and intl index funds. Day trading is more for short term stuff like remodeling the bathroom/vacation/weekend with the bros type shit and you can't necessarily accomplish that playing the index game
Joseph Johnson
Oh no, OPs retarded.
Adrian Parker
add some GSG DBC too
Ian Foster
Yeah if I started 30 years ago, but Im a retard and didnt.
Parker King
Market didnt do shit from 1998 to 2009 you dumb faggot.
Anthony Murphy
>Implying index funds aren't >90% of my portfolio
I'm not going to make it please kill me
Gavin Morgan
That line is literally inflation, relative to it you make nothing The way to make money in crypto and stocks are the same, find a new company, invest, pray
Luis Baker
I want to make it before I'm 70. Just stack sats it's basically just a crypto index
Adam Hughes
If you invested at the peak in 1999 you wouldn't have broken even until 2013 (not accounting for inflation).
Jack Robinson
I can retire in 30 years with an index fund but I'll never be rich so what's the point
Index fag here. I came to the realization that any fund outside of America will truly not make it. Europe is a slowly dying shithole, China hasn't proven itself to be able to compete, and the rest of the world doesn't matter. Thoughts?
Michael Kelly
>index funds are the new savings account This is my favorite top signal. Practically everyone believes this. We'll see how that works out for you midwits.
Hunter Sanders
Index funds are unironically based. I would bet money that 99% of people here can't outperform the index, and for those that do it's blind luck coupled with retarded HODLing with little diversification, and as soon as they make a similar bet that doesn't work out it blows up their entire portfolio and wealth.
This is my permanent portfolio now, I have precious metals allocation to hedge against a market crash:
There were almost 12 years (between 97 and 2009) where it didn't in fact go up. It went up and down. And like someone else said, if you bought the 2000 top, it was about 13 years until you start to make money (not factoring in inflation, - so perhaps more like 17 years).
Matthew Murphy
China literally shoved a gatling gun up their ass and and held down the trigger with the 1 child policy Imagine baby boomers retiring but 100x worse because there's gonna be no one to replace them, China's industry will collapse, invest in Mexico
Justin Cox
Retards, nobody puts their entire net worth all at once into the index in 1998 or some shit lmao. People DCA their paychecks so maybe 1 out of 500 paychecks bought the top which doesn’t matter in the slightest.
Index funds are the best reliable long term investment I have around 500k in VTI and I don’t care if it crashes because I’ll just keep buying more.
Logan Turner
Why not UPRO? Well… up until recently kek
Matthew Moore
You forgot to mention dividends which compount quarterly. Other than that, checked dubs, based strategy. I do the same. Invest, Rip van Winkle a decade or two then wake up rich
Jeremiah Flores
Better to retire when you’re 50-60 than never retire because you tried to actively manage your entire portfolio like a retard. The problem with midwits on biz is you do well for a period of time say 2-5 years getting good returns (most of the time still not enough to make it because your initial capital was too low) and think you figured the game out and then something happens where you fuck up and lose everything like 90% of active traders eventually succumb to. People here are used to 3-4 digit percentage gains but don’t realize that even getting 20% returns over a sustained period of time will make you literally the richest person in the world.
Nolan Barnes
Based.
So many dumb shitcoin gamblers on Any Forums thinking they're Warren Buffet. Kek.
Austin Williams
like clockwork, right at the too this thread appears. Read up on the Nikkei in the late 80s.