4 ms·
He probably hasn’t really done that. e.g. If you’ve saved $x/month and put it into SPY, I’m not sure you could pick any starting point where you now have years’
by Marsymars 2y ago
He probably hasn’t really done that. e.g. If you’ve saved $x/month and put it into SPY, I’m not sure you could pick any starting point where you now have years’ less wealth than if you’d put everything into short-term federal bonds (or even plain cash) instead of SPY.
- Ancalagon 2y agoThe returns from the S&P500 for cash invested a year ago are less than a high yield savings account.
- Marsymars 2y agoSure, but if you’ve only been investing your money for the past year, even a 100% drop in the S&P 500 only gives you a single year’s less wealth, not multiple years lost.
- ModernMech 2y agoThe person you responded to said “can crush” not “has crushed”, so your pedantic point isn’t warranted.