/biz/ - Business & Finance

[Anonymous No.649092]

>he bought the s&p 500 at record highs

[Anonymous No.649120]

>>649092

>trying to time the market

buy when you can and never sell until you are an old man and it doesn't matter when you buy. Fuck off.

[Anonymous No.649122]

>he missed 50% growth trying to time the market

[Anonymous No.649132]

>>649122
This.

There was a guy on here, maybe yesterday, said he could've bought index funds in 2012 but decided to wait because all time high. 3 years later he missed out on 55% gains like a faggot.

Always buy index funds.
Only buy index funds.
If your index funds plummet, don't cash out at a loss, double down.

[Nanananananananabatman No.649136]

Nanananananananana BATMAN!

[Anonymous No.649141]

All comments in this thread are telling the truth, including the "nananana Batman" one.

[Anonymous No.649142]

All comments are saying the truth even the comment about all the comments are saying the truth even the nanananana BATMAN!

[Anonymous No.649148]

>>649132
Doubling down is trying to time the market.

>>649122
That 50% growth doesn't mean shit unless you lock in your gains by selling, and guess what, you have to try and time the market to do that.
The exception is dividend stocks that are not being reinvested.

[Anonymous No.649153]

>>649148
>Doubling down is trying to time the market.
Not if you're just dollar cost averaging and your dollar happens to buy you twice the stock.
>That 50% growth doesn't mean shit unless you lock in your gains by selling
Rebalancing is fun.

[Anonymous No.649161]

>>649153
>Not if you're just dollar cost averaging and your dollar happens to buy you twice the stock.

Doubling down is mentally making the choice to invest more at a particular time because the price is low. It is timing the market.
I'm not actually against this. Unless your idea of what doubling down is is different from mine.

[Anonymous No.649164]

>>649092
>its a new record high ever 5 or so years

[Anonymous No.649166]

>>649161
>my idea of doubling down

[Anonymous No.649188]

>>649148
> The index fund does not pay a dividend
> Being this ignorant

[Anonymous No.649209]

>>649120
Worked great in Japan, whose policies we are now emulating.

This will end not in tears, but with blood.

[Anonymous No.649242]

>>649209
Japan is a special case. Japan isn't the world's leading economy. Japan suffered from a huge bubble, then deflation. Japan has got a social problem with aging and conformism, as well as the lack of risk and innovation. Japan isn't the only investment horizon of the Japanese investor. Japan is not ending in blood. Japan is back to 17,000 now. Japan may be still okay for an investor who invests regularly.

[Anonymous No.649285]

>>649092
>start investing 6 months ago
>Up 4% already.
>mfw I think of the people who told me to time the market.

I can't wait to hear how big you make it OP.

[Anonymous No.649287]

Dollar-cost averaging FTW

[Anonymous No.649296]

>>649209
This is why you have international diversification. Investing in the business of just one country when there are great businesses all over the world is asking for trouble.

[Anonymous No.649300]

>>649285

At that rate you'll make 8% in a year.

Acceptable but not exactly getting rich.

[Anonymous No.649304]

I don't care.

[Anonymous No.649309]

>>649304
Of course you do or you wouldn't have bothered with the effort of that post.

[Anonymous No.649319]

>>649300
You don't get rich investing. You slowly grow your wealth. You get rich doing something else.

[Anonymous No.649335]

>>649132
hysteria

[Anonymous No.649369]

>>649300
>what is compound interest

$2,000 per month invested at 8% for 30 years = $3,000,000

[Anonymous No.649422]

>>649242
You can't see cause and effect, so how could you possibly know that doing the same thing again will have the same result?

We didn't have NEETs in the west twenty years ago. But then we started redistributing capital to asset holders and now we do. Same as the hikikomori in Japan.

[Anonymous No.649442]

>>649369
>2k a month
>30 years

[Anonymous No.649465]

>>649442
>newinvestfag detected

[Anonymous No.649468]

>>649369
sweet, i'll have 3mil to spend on hookers and blow when i'll have erectile dysfunction and alzheimers.

[Anonymous No.649528]

>>649166
underrated post

[Anonymous No.649792]

>>649092

And your point is?