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[–] 4 points 1 year ago (5 children)

If people are destitute after a 5% drop, they really need to reconsider their investment strategy. Index funds are the only viable way.

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  • [–] [S] -1 points 1 year ago (4 children)

    Not if you're going for those big gains they aren't 💪

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  • [–] 4 points 1 year ago (3 children)

    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.

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  • [–] 0 points 1 year ago (2 children)

    Thank you for the common sense.

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