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Yes, agreed. This is comparing Apples and Oranges. Also, keep in mind: If you had invested all your money into a NASDAQ ETF at the peak of the Dotcom bubble 20
by baxtr 5y ago
Yes, agreed. This is comparing Apples and Oranges.
Also, keep in mind: If you had invested all your money into a NASDAQ ETF at the peak of the Dotcom bubble 20 years ago, you would have earned about 300% in returns by now.
I think it is easy to dismiss indices in a bear situation. When in doubt, zoom out and relax.
- throw0101a 5y ago> Also, keep in mind: If you had invested all your money into a NASDAQ ETF at the height of the Dotcom bubble 20 years ago, you would have earned about 300% in returns by now. It should be noted that the NASDAQ is heavily skewed to one particular sector, and so less diversified. Going for the S&P 500, US Total Market (Russell 3000), or world index would spread the risk around more. Even investing only at market peaks, as long as you didn't panic and sell, would still give results most people would find satisfactory: * https://awealthofcommonsense.com/2014/02/worlds-worst-market-timer/ https://awealthofcommonsense.com/2014/02/worlds-worst-market...
- deleted 5y ago[deleted]