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> What can a (US) layperson invest in if all marketable securities are overpriced? Just buy the S&P 500 or a total market (Russell 3000) fund and let The Marke
by throw0101a 4y ago
> What can a (US) layperson invest in if all marketable securities are overpriced?
Just buy the S&P 500 or a total market (Russell 3000) fund and let The Market™ sort it out.
Putting a little away every month will generally work out over the long-term (at least of retirement goals):
* https://ofdollarsanddata.com/just-keep-buying/ https://ofdollarsanddata.com/just-keep-buying/
- dadoge 4y agoThe literal point of the article is that too many people dollar cost averaging is why we have a bubble
- throw0101c 4y ago> The literal point of the article is that too many people dollar cost averaging is why we have a bubble Yes, I know. I've been hearing Burry make rumblings on this since 2019. But if Burry is wrong and there is no bubble (with no eventual popping), then by sitting on the sidelines waiting for the (never-to-come pop) you're costing yourself returns: * https://ofdollarsanddata.com/the-cost-of-waiting/ https://ofdollarsanddata.com/the-cost-of-waiting/ * https://ofdollarsanddata.com/even-god-couldnt-beat-dollar-cost-averaging/ https://ofdollarsanddata.com/even-god-couldnt-beat-dollar-co... And even if there is a bubble, investing and staying invested, will also generally work out fine over the long term: * https://awealthofcommonsense.com/2014/02/worlds-worst-market-timer/ https://awealthofcommonsense.com/2014/02/worlds-worst-market...