this post was submitted on 01 Apr 2024
1086 points (97.7% liked)
Political Memes
5509 readers
2916 users here now
Welcome to politcal memes!
These are our rules:
Be civil
Jokes are okay, but don’t intentionally harass or disturb any member of our community. Sexism, racism and bigotry are not allowed. Good faith argumentation only. No posts discouraging people to vote or shaming people for voting.
No misinformation
Don’t post any intentional misinformation. When asked by mods, provide sources for any claims you make.
Posts should be memes
Random pictures do not qualify as memes. Relevance to politics is required.
No bots, spam or self-promotion
Follow instance rules, ask for your bot to be allowed on this community.
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
The truth to this aside, the stock market hasn't ever been like it is over the past decade.
I kind of feel like I suck at trading, but over the past year I'm still up 40.5% by doing almost nothing but keeping mostly the same stocks I've had for the past few years. Buffet was able to do it through a ton of years where stocks didn't climb very quickly as a whole.
Exactly, getting a 20% return on average for years and years is what makes Warren Buffet one of the best Investors. Getting a good year can happen to anyone.
Also, huge gains while investing in 0.001% of a company is one thing. Maintaining those gains when the funds under your control represent major stakes in the companies you invest in, enough to get board seats and move prices by your transactions alone, is another thing entirely.
They just happen to drive policy on what the government spends money on.
Truly enlightened opinion. I don't agree.
I absolutely agree they shouldn't be able to hold stocks. But just giving a percentage they made this year doesn't really tell you anything.
It's like saying there is no global warming after a colder than usual winter.
Man. I mean I know I'm pathetic in absolutely every way, but it hurts to read that. I have 2 ETFs (vanguard sp500 and emerging markets) and a us bond that I use as a secondary savings account and all they do is lose and occasionally stay flat...
But vanguard s&p500 is up like 25% for the last year, what are you talking about?
It could be the selection of stocks vanguard chose to be part of that ETF that are duds I guess :/
Edit: the below is correct! I got so fed up I stopped looking for a few months. Everything is up!
No, if it's the s&p500 ETF (VOO in the usa, VUSA in UK) it has the stocks from the s&p500, they didn't choose anything. It's just the 500 biggest companies in the US (roughly). Either you don't have that, or something else is going very wrong.
What are the actual ticker symbols of your investments? Agree with the other user that something isn't adding up here. You're likely not invested in what you think you are
I'm in on VanEck semi conductor etf and they're up 70% for the year :-/
Another etf called WUGI that deals with 5G relates stocks is up about 60%. Those are the two etf's I have the most in.
Bruh vanguards total market index is up 20% in the past 6 months. The person you're replying to is an outlier, don't try to beat the market you will almost certainly lose in the long run.
Pragmatic investing is not exciting or fun. Put your money in index funds and leave it there until you need it.