I agree. Whenever I'm in doubt, I just look at a 10-year or longer chart of the major indices. It shows me that even the greatest drops in value are but a blip on the radar and that the indices recovered. So a little time and patience is all that's needed.
What a refreshing and sobering reply to a somewhat arrogant and dismissive piece of not-so-humble bragging. You are quite correct, even in the days of the dot.com frenzy or the real estate bubble, no one discussed their losses, their 'costly' mistakes or mortgaging their home for a sure thing! Thank you for the reality check.
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I agree. Whenever I'm in doubt, I just look at a 10-year or longer chart of the major indices. It shows me that even the greatest drops in value are but a blip on the radar and that the indices recovered. So a little time and patience is all that's needed.
Post: Still No Alternative
Link to comment from May 7, 2022
What a refreshing and sobering reply to a somewhat arrogant and dismissive piece of not-so-humble bragging. You are quite correct, even in the days of the dot.com frenzy or the real estate bubble, no one discussed their losses, their 'costly' mistakes or mortgaging their home for a sure thing! Thank you for the reality check.
Post: What investment will perform best over the next 10 years?
Link to comment from April 23, 2022