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Do people really care that much about short term decline? The SP500 was around 5000 a year ago, and it's currently well over 6000.
by SirMaster 6mo ago
Do people really care that much about short term decline? The SP500 was around 5000 a year ago, and it's currently well over 6000.
- Uvix 6mo agoYes. Nobody looks at the long term anymore.
- SirMaster 6mo agoWeird, I look at my investments in timescales measured in years.
- johnnyanmac 6mo agoIf society could think past next quarter, we arguably wouldn't be in this mess to begin with.
- Balgair 6mo agothey just changed the reporting req to every 6 months too
- tcmart14 6mo agoIt depends. People can always say, "zoom out," but that only works if you plan to be long term invested. Really it's more of a, what is your investment horizon/window. If you were planning to reap what you sowed in the stock market right now, you'd maybe be screwed. But like myself, the money I put in (personal account), Im not looking to touch for at least 10 years. Although right now/near term, it's not clear if we will be going up anytime soon. We were already stalling for the better part of the last 6-7 months on growth. Now we are going down with potential macro events that may keep it going down or stall growth for a bit. But as I said, if you're putting in money today planning not to touch it in 10-20 years, don't sweat it. Until the recent events in the Middle East, my international ETF was out performing the S&P500 by quite a bit. Also consider there was a period it took the NASDAQ something like 15 years to recover from a crash after ATH. If your 20 and don't plan to touch it till your 60, whatever. But if you were 55 and looking to capitalize on it at 65, well, zoom out doesn't mean much to you.
- SirMaster 6mo agoI mean I am planning to still be adding to my investments and not selling any of it for more than 20 years. If you are caring about the short term returns then you wouldn't or shouldn't be invested so heavily in stocks, you should be shifting to more stable investments as you approach retirement or the time in which you plan to start selling some of your investments. Not only does a pull back not really matter in the long term, but it even provides an opportunity to buy more at a lower cost now too!
- Balgair 6mo agoRest and Vesters? No. Dodobrains on r/wallstreetbets? The basement has never been so salty. Honestly, it's all clickbait in the end. 'Real' investors are still quietly just plugging their weekly contribution into their 401k week after week without even remembering it.
- alecco 6mo agohttps://pricedingold.com/sp-500/ https://pricedingold.com/sp-500/ A matter of perspective.