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A comment on Save like a pessimist, invest like an optimist. Parent comment

Re:Save like a pessimist, invest like an optimist by kd5bjo on Saturday November 14, 2020 @04:55PM (#25095994)
It sounds like people who invest the time to properly learn finance can make a pretty good living at it. If that’s you, I wish you the best of luck.

But I’m a retail investor, and will almost certainly remain one— Not only do I not have the training to come up with these strategies, I don’t have the knowledge to judge the veracity of anyone claiming to sell them to me either. I’m content with my suboptimal portfolio that I don’t have to think about more than once a year, and have more important things to spend my time on.

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Re:Save like a pessimist, invest like an optimist by erik_seaberg on Saturday November 14, 2020 @07:16PM (#25096900)
Few cryptocurrency holders are using it for payments or building anything that creates value. It’s just zero-sum speculation and FOMO.

Equities are different because their connection (however tenuous) to actual earnings gives them a very steady long-term uptrend. The hard part is just staying in during a crash so you don’t miss the recovery. Half of S&P 500 returns came on its ten best days.

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