4 ms·
> Sure some smart people will be able to extract profit from the market but most won't. Source? Put your money in an index fund. The S&P 500 from 1958 to 20
by dahfizz 4y ago
> Sure some smart people will be able to extract profit from the market but most won't.
Source?
Put your money in an index fund. The S&P 500 from 1958 to 2008 went up 90x. The worst case scenario - All your savings are in stocks and you retire during the second worst financial crisis ever. And your returns are 90x. Not 90%, 9000%.
The idea that "most won't extract profit" is nonsense. In the long term, its free money for everyone.
https://www.officialdata.org/us/stocks/s-p-500/1958?amount=100&endYear=2009 https://www.officialdata.org/us/stocks/s-p-500/1958?amount=1...