A year on, GameStop champion Roaring Kitty is quiet, yet much richer

Re:A year on, GameStop champion Roaring Kitty is quiet, yet ... by balls187 on Wednesday February 02, 2022 @11:13AM (#30179536)

> collective action motivated by hatred of elite rigging the system... is dangerous to those elite.

It's not.

The elite are largely shielded from the volatility of the masses.

It's the "middle class" whose retirement, pensions and life savings are tied up in the market that end up getting hit the most.

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Re:A year on, GameStop champion Roaring Kitty is quiet, yet ... by skybrian on Wednesday February 02, 2022 @12:02PM (#30180302)

I'm not sure that's true? The stock market is up quite a bit if you look back a few years. Your average boglehead-style buy-and-hold investor has probably done very well.

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Re:A year on, GameStop champion Roaring Kitty is quiet, yet ... by balls187 on Wednesday February 02, 2022 @04:07PM (#30184082)

Overall the market will win, but volatility around retirement is the issue.

EDIT TO ADD: Sincerely, thank you for your comment (and the replies providing additional context). It's given me some much needed information to go research (ala Boglehead investing).

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Re:A year on, GameStop champion Roaring Kitty is quiet, yet ... by dylan604 on Wednesday February 02, 2022 @12:13PM (#30180478)

>boglehead-style

What does this mean?

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Re:A year on, GameStop champion Roaring Kitty is quiet, yet ... by Fishkins on Wednesday February 02, 2022 @12:24PM (#30180693)

John C. Bogle founded Vanguard, which had the first index funds. Simply put, "Boglehead" refers to someone who invests in index fund(s) and leaves the money there long-term, without trying to time the market, buy individual stocks, etc.

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Re:A year on, GameStop champion Roaring Kitty is quiet, yet ... by dylan604 on Wednesday February 02, 2022 @12:30PM (#30180792)

Thanks. My search-fu was not caffeinated enough this morning.

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Re:A year on, GameStop champion Roaring Kitty is quiet, yet ... by johnnyletrois on Wednesday February 02, 2022 @12:28PM (#30180748)

There’s an entire forum dedicated to this at https://www.bogleheads.org/.

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Re:A year on, GameStop champion Roaring Kitty is quiet, yet ... by akhosravian on Wednesday February 02, 2022 @12:26PM (#30180714)

https://www.amazon.com/Bogleheads-Guide-Investing-Taylor-Lar...

Basically: buy a few index funds, don’t sweat trying to beat the market, you’ll come out alright.

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