> John Templeton once said: >> The 10 most dangerous words in investing are “If you would have just put ten thousand dollars into…” > Alright, alright, Temple

> John Templeton once said: >> The 10 most dangerous words in investing are “If you would have just put ten thousand dollars into…” > Alright, alright, Templeton didn’t actually say this. > But if he was around today, maybe he would have. * https://awealthofcommonsense.com/2021/10/the-10-most-dangerous-words-in-investing/ https://awealthofcommonsense.com/2021/10/the-10-most-dangero... The author, Ben Carlson, then notes: > In the past 5 years, there were drawdowns of 30%, 50%, -60% and -35%. This stock was down 60% in 2020! It’s up a cool 1000%+ since then. > And the crazy thing is there were plenty of Tesla shareholders who did hold on for the entire ride. They were true believers in the face of relentless negativity about the company and its founder. > Kudos to them. I've followed AAPL, BTC, TSLA, etc, over the years (here on HN and elsewhere) but just don't have the stomach to take the risk to jump into a single asset. I'm an index kind of fellow because (a) I don't have to log into my investment account at all and see whether it's up or down (and deal with the emotional ups and downs that entails), and (b) I don't really have the time/energy to go digging into individual companies. Also, statistically individual traders are more to lose money than be up, and so I'm generally okay with "only" average market returns, as my main saving goal is retirement, and I can meet that with the average of at least 4-5%.