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/biz/ - Business & Finance

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54100980 No.54100980 [Reply] [Original]

>"dude just dca sp500"
>down 9% after years
t-thanks reddit

>> No.54101052
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54101052

>>54100980
Don't listen to reddit.

>> No.54101089

dude just buy big blue chip divvies

>> No.54101133
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54101133

>>54100980
yes, everyone who does for 40 years is going to make it.

>> No.54101181

>>54100980
Dca sp500 is just a money farming trick. It works over decades, not months or years. Anything else is just a casino. The point is sustainability and low risk. Not to try to get a windfall. Although there's a very high chance of a 2x in like a 5 year timespan.

>> No.54101204

>>54101181
I'm pretty sure I've been buying in at the end of the 2010s bullrun
im shmuck it's going to take like a decade just for me to breakeven on this stupid shit
fuck me

>> No.54101263

>>54100980
How many years?
The index was cheaper 2 years ago and before. I would expect anyone who started buying before early 2021 to be at least a little up

>> No.54101527

>>54101263
2022
2023
there you go
yearS

this is a board of worthless zoomer dipshits lmao

>> No.54101591

>>54101181
It works after decades only if you buy when it's high and sell then it's low

>> No.54103774

>>54100980
>reddit
Don't even step to me with that hoohaw