Why is that smart?He is smart, trades index, not individual names.
Why is that smart?He is smart, trades index, not individual names.
That sounds like me on the golf course, good shots are because of skill and the rest are rationalized as bad luck. But I can bore you to death discussing how you are supposed to hit a shot.
But you don't have any open positions now, You are waiting for the next crypto winter to put your money to work.
You bought an ETF indexed to Nikkei in 1989, get a dividend payout every year, like a bond. As long as you don't sell, you only had paper loss.The Nikkei took 35 years to come back from the high of 1989.
Sure if you're immortal, that'll do it....
Individual names may go bankrupt index funds, unlikely.Why is that smart?
Ya mean they both can get second hand Lambo's?You bought an ETF indexed to Nikkei in 1989, get a dividend payout every year, like a bond. As long as you don't sell, you only had paper loss.
Now you pass it on to your kids, they will get rich eventually.
You bought an ETF indexed to Nikkei in 1989, get a dividend payout every year, like a bond. As long as you don't sell, you only had paper loss.
Now you pass it on to your kids, they will get rich eventually.
By the way, I do take losses when I day trade.Individual names may go bankrupt index funds, unlikely.
In the US, so far, giving enough time, index funds always recover.
Ya mean they both can get second hand Lambo's?
How about when you invest?By the way, I do take losses when I day trade.
A few, options and underlying, but like OP I am praying they will go back up.How about when you invest?
Any stocks/ETFs/funds underwater in your portfolio.

A few, options and underlying, but like OP I am praying they will go back up.![]()