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> "Vast Majority of People Who Invest Inevitably Lose Money". This is not true at all, unless you mean in the short term. There has never been a 20 year period
by cortesoft 4y ago
> "Vast Majority of People Who Invest Inevitably Lose Money".
This is not true at all, unless you mean in the short term. There has never been a 20 year period where the S&P500 has lost money, and only a few 10 year periods where it has.
If you are a long term investor and you invest in a broad index, you will make money.
The stock market is not a zero sum game where on person has to lose for someone else to gain. The whole pie is getting bigger.
- potatototoo99 4y ago> There has never been a 20 year period Neither in crypto ;) And of course past performance does not guarantee future results.
- cortesoft 4y agoPast performance doesn’t guarantee anything, but it sure is a valuable tool for prediction. A 150 year track record means a lot more than a 10 year one.
- deleted 4y ago[deleted]