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A comment on Circulating in China’s Financial System: More Than $200B in I.O.U.s. Parent comment

Re:Circulating in China’s Financial System: More Than $200B ... by AJ007 on Thursday August 08, 2019 @10:11AM (#20644729)
If your timing is bad, the returns from an index fund are terrible. The best advice is not just to hold for a long period (25+ years) but also not to go all in or all out.
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Re:Circulating in China’s Financial System: More Than $200B ... by magashna on Thursday August 08, 2019 @11:54AM (#20645650)
Returns are only bad on index funds if you pull out. Historically you're getting 7% over 10 years with virtually no fees. Managed funds rarely beat 7% and have fees which reduce any gains you may have made. Better to self manage and get that consistent growth.
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Re:Circulating in China’s Financial System: More Than $200B ... by AJ007 on Thursday August 08, 2019 @10:13AM (#20644750)
* this is assuming the past continues to be a predictor of the future
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