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.
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.