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Long term investment in the S&P500 has proven to be a good idea over decades. Things go up and down, but S&P generally has gone up on average for at least the l
by dymk 4y ago
Long term investment in the S&P500 has proven to be a good idea over decades. Things go up and down, but S&P generally has gone up on average for at least the last 50 years.
- sillyfleece 4y ago
- dymk 4y agoIf you think people only care about the next 3-5 years, unequivocally, then your knowledge on how people invest is questionable. Long term investing (10+ years) is an absolutely massive industry. The market works in approximately 10 year cycles. Invest long term, ignore short term sideshows. It's simple, even a layperson can do it.
- sillyfleece 4y agoIf you think lay people are going to be able to stomach being in the red year after year for 3-5 years without desperately looking for an out, I think you may need to reconsider your understanding of human psychology.