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Index funds doing 12pp round trips in a week are not normal, that’s what bitcoin does. This time the why of it - basically whims of a single man - is especiall
by baq 2y ago
Index funds doing 12pp round trips in a week are not normal, that’s what bitcoin does.
This time the why of it - basically whims of a single man - is especially scary.
- loco5niner 2y agoThat's why we do the hold part.
- baq 2y agoYou have to stop holding sometime, that time is not always in your control. Index funds behaving like meme coins are not fun.
- loco5niner 2y agoOh absolutely, the advice I commonly hear (and agree with) is to have 2-3 years in cash or equivalents when you are planning to retire. That's in addition to significantly switching out equities for more stable investments in the invested portion of your retirement.