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> 1. the S&P 500 has never gone completely to zero. The S&P 500 specifically, no. But markets have gone to zero when (e.g.) there were Communist revolutions an
by throw0101b 3y ago
> 1. the S&P 500 has never gone completely to zero.
The S&P 500 specifically, no. But markets have gone to zero when (e.g.) there were Communist revolutions and private property went away.
If you were invested in those then you'd lose the money (and if it was as a domestic investor you'd have other (political) problems as well).
- readthenotes1 3y agoThat is certainly a quibble. DCA is an artifact of retirement plans in Western countries, notably the United States. It is certainly possible for the United States to dissolve in an asteroid impact, but those tail risk type events are not worth worrying about for the type of investor that is going to be thinking about dollar cost averaging.