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Ok, enjoy your treasuries, I’ll stick with dollar-cost averaging S&P 500. I’m sure your valuation models are better than Wall Street. Hope the treasury yields
by quickthrowman 6y ago
Ok, enjoy your treasuries, I’ll stick with dollar-cost averaging S&P 500. I’m sure your valuation models are better than Wall Street.
Hope the treasury yields moving up don’t wreck you, if yields move N%, then bond values move (N*years remaining)% down. Disregard if you buy individual bonds and hold until redemption.
- jdmoreira 6y agoThat’s great and all. S&P 500 is a great passive investment. Just keep buying every month whatever the price for long enough and you will most likely hit 10% a year on average. The problem is that you could lose money for 10 years. 1970-80. Mindless buying S&P 500 is great but you might want to do better. Most people will do worse if they try to beat the index but some people will do 20% a year for as long as they keep buying good businesses at good prices.