5 ms·
why go that far? herbalife moto is probably "we're a pyramid scheme scam" and they are 45% vs sp500 25% for last 12mo. you'd better of investing scam500 than s
by iririririr 5mo ago
why go that far? herbalife moto is probably "we're a pyramid scheme scam" and they are 45% vs sp500 25% for last 12mo.
you'd better of investing scam500 than sp500 nowadays.
- cik 5mo agoWhenever someone says nowadays, they're highlighting recency bias. The goals of holding a broad market ETF are diversification leading to sleeping well over the long term (at least to me).
- vkou 5mo agoHow well do SCAM500 stocks do over a time period that includes two recessions, compared to SP500 ones? I've no doubt that the short-term gains during a bull market on all sorts of garbage are significant.
- baobabKoodaa 5mo agoCrime pays. But when you go that far, why stop at investing in scams? Surely you can make money faster by robbing old ladies at knifepoint?
- bregma 5mo agoIt's a matter of latency vs. throughput.
- iririririr 5mo agothe discussion is Old Ladies At Knife Point LLC being in the stock exchange and in indexes.
- notahacker 5mo agoHerbalife has decades of profits from selling wannabe Herbalife distributors a dream of financial independence they'll never achieve though, which might be unethical but is a bit less likely to lose your pension fund money than a company accused of getting 73% of its earnings from a deal with a convicted fraudster...