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There is a lot of young people who think that stocks only ever go up. Wait until the the stock market crashes, and target date funds with it.
by BMSmnqXAE4yfe1 6y ago
There is a lot of young people who think that stocks only ever go up. Wait until the the stock market crashes, and target date funds with it.
- wmf 6y agoTarget date funds aren't all stocks specifically to avoid this problem.
- BMSmnqXAE4yfe1 6y ago"Target date" means the ratio of stocks to bonds in them is getting rebalanced each year - the closer the target date (retirement), more bonds and less stocks. They have 60% or more in stocks.
- UncleMeat 6y agoOkay. BTC can crash too. There is no risk free financial instrument that generates wealth. But index funds are far more stable in the long run.