4 ms·
I think you have to see it more from "best alternative" mindset. This shows that long term (20 years and plus) assets are best held in low cost stock index fun
by hartator 4y ago
I think you have to see it more from "best alternative" mindset.
This shows that long term (20 years and plus) assets are best held in low cost stock index funds. Over cash (inflation), bonds, savings accounts, or other assets. It's the least bad option. And you are not suggesting something else. Hence I guess the downvotes.
Of course, markets can be irrational forever or tomorrow we could have a nuclear world war or aliens annex us or a meteor can hit us. This is life 101 though. This is not a deep insight.
- fedeb95 4y agoNot suggesting something else isn't an argument. Long term from now you don't know anything, you know long term up to now. The risk of a market crash isn't the same as of a meteor hitting earth, since tails of the probability distribution (as can be estimated, so not cast in stone) are fat.