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Index investors didn't take a bath because they didn't sell anything, thats' the point. The markets bounced back higher than before. The biggest losers were mos

Index investors didn't take a bath because they didn't sell anything, thats' the point. The markets bounced back higher than before. The biggest losers were most definitely active traders, like you. And simply looking at one anecdote around one of the biggest market crashes without considering the magnitude of risk you took upon yourself is just naive.

Spooky23 11y ago
Who said that risk wasn't considered? I've been doing this successfully since 1996, without any magical skills or unusual intelligence. I personally probably make 12-15 trades a year, I'm not talking about day trading. Passive strategies have costs as well. Ask somebody with all of their money in VTI from 2001-2006. Educating yourself and being opportunistic about seeking best value introduces risk but also unique opportunities. Personally, I like to realize gains over time and keep them liquid until a good opportunity presents itself.