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The SP500 is up nearly 10x from the 2009 lows. If thats not a win, I dont know what is. Even adjusting for inflation, its still a massive return. Buying indivi
by ac29 2y ago
The SP500 is up nearly 10x from the 2009 lows. If thats not a win, I dont know what is. Even adjusting for inflation, its still a massive return.
Buying individual stocks is certainly much riskier, but index investing is still stock investing.
- Dalewyn 2y agoInvesting in and holding low-cost broad index funds like the S&P 500 is both Boglehead and Warren Buffet approved. Trading in individual stocks is how you slay countless grandmas, please don't do it for your grandma's sake: https://www.reddit.com/r/wallstreetbets/comments/1ehjuzj/i_bought_700k_worth_of_intel_stock_today/ https://www.reddit.com/r/wallstreetbets/comments/1ehjuzj/i_b...
- alexey-salmin 2y agoMy salary did 20x from the 2009 lows. Even if I invested all I could in sp500 in 2009 it still wouldn't make a difference to me today.
- BeetleB 2y ago> The SP500 is up nearly 10x from the 2009 lows. 7x, not 10x > Even adjusting for inflation, its still a massive return. Adjusted for inflation it's 4.7x > If thats not a win, I dont know what is. You compared the low with the current price. Pick a random stock and pick its lowest point and compare with now - many/most handily beat the S&P 500. Think AMD at $4. The proper comparison is to pick two random points 10-15 years apart. Don't cherry pick.
- ac29 2y ago> 7x, not 10x 5624/677 = 8.3x Yes, I rounded up, and yes I picked a low to make a point. But go ahead and pick a random point 10-15 years ago if you'd like and compare it to today and the returns are still very large.
- BeetleB 2y agoWhere are you getting the 677 number? The min I'm seeing is 735.