sillyfleece

3 ms·

1. 1.▲
   by sillyfleece 4y ago

   If you think lay people are going to be able to stomach being in the red year after year for 3-5 years without desperately looking for an out, I think you may need to reconsider your understanding of human psychology.
2. 2.▲
   by sillyfleece 4y ago

   Not at all. The first post I replied to was saying index funds are safe for lay people to invest in. I'm saying index funds may not be safe for lay people to invest in in these extraordinary times. Crypto is way riskier than index fund
3. 3.▲
   by sillyfleece 4y ago

   >probably to make it back within a few years "probably"? Are you willing to be held criminally liable when the elderly take your advice and the S&P does not bend to your will for the next year or two due to say -- oh I don&
4. 4.▲
   by sillyfleece 4y ago

   Is this really the line you are going to use to convince people to avoid scams? I'd like you to meet Sam the Scammer: "If you would have bought bitcoin on this date in 2019 you would have been up 200% by now. You would have doubl
5. 5.▲
   by sillyfleece 4y ago

   What am I missing? S&P is down 10% yearly, 17% YTD, no? When "safe" investments are looking worse than keeping your money in the bank getting hit with inflation, rational people start getting desperate and scams explode. Anyon