CatsGoMOW

joined 2 years ago
[–] CatsGoMOW 1 points 1 day ago

Come back to the Lions

[–] CatsGoMOW 10 points 3 days ago

“Thank you for all that you do to* the youth of our great nation”

Pretty sure that’s what he meant.

[–] CatsGoMOW 45 points 3 days ago (3 children)

“Truth-seeking AI” 🤮

[–] CatsGoMOW 11 points 3 days ago (1 children)

It was the company’s official stance per their official social media account. Not just the CEO/one board member.

[–] CatsGoMOW 1 points 5 days ago

I just started reading Dungeon Crawler Carl, and this is pretty much exactly what I imagine he and Donut look like.

[–] CatsGoMOW 2 points 1 week ago* (last edited 1 week ago) (3 children)

Paying someone to manage your investments for you does not mean you’re not an “active” investor. An example of active vs passive investments would be that passive investments usually involve index funds… that is, funds that include virtually “all” stocks and closely resemble the overall makeup and performance of the market as a whole.

As opposed to “active” investments which, as just one example, could include using someone to manage your investments if they are picking individual stocks based on whatever their criteria are for what they think is a “good” investment.

[–] CatsGoMOW 2 points 2 weeks ago

For sure - only if the price works.

[–] CatsGoMOW 5 points 2 weeks ago (3 children)

Come on over to Detroit. The water’s warm.

[–] CatsGoMOW 9 points 3 weeks ago
[–] CatsGoMOW 12 points 4 weeks ago (2 children)

Says that for me too. Could it be the difference between USD and Canadian Dollars?

[–] CatsGoMOW 5 points 1 month ago

You won’t be making a mistake by picking Fidelity. Vanguard is also a good choice as others have said. Fidelity generally has a better UI than Vanguard if that is important to you.

[–] CatsGoMOW 12 points 1 month ago (1 children)

There’s quite a bit of research on lump sum investing vs dollar cost averaging. Here is one example: https://investor.vanguard.com/investor-resources-education/news/lump-sum-investing-versus-cost-averaging-which-is-better

Generally lump sum investing comes out ahead by a bit. However, my personal opinion is that it isn’t enough to always point to it and say that’s what you should do. If you’re more comfortable doing one over the other, then do it.

Generally time in the market beats timing the market, which is what you’d be doing by dollar cost averaging because you think the market is going to crash.

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submitted 1 year ago by CatsGoMOW to c/cat
 
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