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Folks have an unhealthy mentality about beating the market, imo. You don’t need to beat the market if you’re not a fund manager trying to advertise your record.
by jncfhnb 2y ago
Folks have an unhealthy mentality about beating the market, imo. You don’t need to beat the market if you’re not a fund manager trying to advertise your record. You just need to do well.
The market is up 27% YTD. Most global trends suggest, to me, a greater centralization of wealth into the US. Just dumping everything into the SP500 is likely more than great for 99% of people for the near future.
- JKCalhoun 2y agoYou are correct. You just need to beat inflation. (So 27% vs. 2.7%? Pretty sure anyone can be a Wall Street wolf these days.)
- dgacmu 2y agoI completely agree. Diversified low cost index funds are amazing. Matching "the market" has been a spectacular risk/return for a long time now. (And to be clear, I keep approximately all of our investments there. But I have a small puddle I play with to remind myself not to play with real money. :-)
- whiplash451 2y agoJust because the SP500 did +27% this year does not mean it will continue to do so. Historical data shows a more nuanced picture.