Comment on stock market
AreaKode@lemmy.world 5 days agoYoull think this dude is crazy when you are down $200 after your first year. But check again in 10 years when it has doubled in value. Just pretend the money doesn’t exist.
Comment on stock market
AreaKode@lemmy.world 5 days agoYoull think this dude is crazy when you are down $200 after your first year. But check again in 10 years when it has doubled in value. Just pretend the money doesn’t exist.
frezik@lemmy.blahaj.zone 5 days ago
And the most important advice is to leave the money the fuck alone.
I got lucky in that I started having enough money to invest after the 2008 crash. Those years had crazy good gains. The real test comes when the market crashes 30% in a few days. Can you stick to the plan? That happened in 2020 when lockdowns started, and if you stuck to the plan, you still did very, very well that year.