About the 10 year return picture going around
Posted: Dec 30, 2024
- Overall market returns can work in different ways depending on how you play them
- If a stock like $SPY tanks and takes years to recover, buying on the way down can lead to bigger returns
- Emotions on extreme highs and lows can be detrimental to successful investing
- Dips in the market can be opportunities for investors
- Advice to young investors who may be nervous about the future of the market after a long bull run
What do people on Reddit think?
🚨 Reddit sentiment: mixed - Comments are a mix of positive affirmations of DCA as a strategy and concerns about potential financial risks associated with prolonged market downturns. Summarized comments: - Comments emphasize the importance of dollar-cost averaging (DCA) into the market, especially during market dips - Some users express concerns about running out of cash during extended market downturns - DCA is considered a powerful strategy as it reduces emotional involvement in trading decisions - Discussion about long-term strategy and tax implications of selling at a loss and rebuying - Debate on the timing of market investments, with some users arguing against attempting to time the market for minor tax gains - Anecdotal experiences of past market investments leading to significant long-term financial gains Stock tickers discussed: No specific stocks or tickers mentioned
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