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> A riskless investment in sp500 Just a nitpick, but this isn't the traditional definition of "riskless", which would be Treasuries. I believe the S&P 500 expe
by gottorf 3y ago
> A riskless investment in sp500
Just a nitpick, but this isn't the traditional definition of "riskless", which would be Treasuries. I believe the S&P 500 experiences an average drawdown of 14% in any given year, so it's hardly without risk.
You could more accurately say that SPOT has been underperforming "the market", "equities", or "beta".
- lotsofpulp 3y agoIt is my tongue-in-cheek way of referring to the belief that the US federal government will ensure the broad market does not stay down for long.
- gottorf 3y agoThat is an absolutely fair point. ;-)