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S&P 500 has those with nukes behind it. That is all that matters, so 100% VFIAX.
by enceladus06 2y ago
S&P 500 has those with nukes behind it. That is all that matters, so 100% VFIAX.
- immibis 2y agoWell, they have nukes, but they're also morons. If that side of them materializes, they'll probably crash the currency value, which also raises S&P, and if you are leveraged, hopefully by more than the currency crashes.
- 2OEH8eoCRo0 2y agoBut the S&P500 has crashed, a few times in recent memory. It doesn't have to go to 0, it just needs to not be a perfect bull market all then time. If you're at 80/20 stocks/bonds and the market crashes your allocation might shift to say 70/30 so when you rebalance you're selling bonds to buy stocks. Its a way to perpetually buy low and sell high regardless of what the market does.