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Re:John C. Bogle Has Died by Spooky23 on Wednesday January 16, 2019 @06:51PM (#18926860)
A big part of that is that the average punter knows nothing, and that approach is likely to avoid losses.

When people go all VTI, they tend to freak out when the market goes down, sell near the bottom and forget about it, only to buy it again after the value goes up.

Re:John C. Bogle Has Died by eru on Thursday January 17, 2019 @05:12AM (#18929648)
You are giving the average punter too much credit. If they could time the bottom like that, you could harness them to beat the markets.