| ▲ | psunavy03 2 days ago |
| Except the S&P 500 will give you a return. The stock market is not gambling, much as some people want it to be. |
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| ▲ | lxgr 2 days ago | parent [-] |
| It does go down by double-digit percentages from time to time though, which is really inconvenient if you want to, say, buy a house today or tomorrow. There's a reason people still use USD, EUR etc. and not fractional ETFs to pay and get paid. |
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| ▲ | psunavy03 2 days ago | parent [-] | | And when it goes down the answer is to buy the dip. If you have funds needed for other things, they should be in lower-risk investments. As people get older, they should be moving large amounts of equities into bonds to lock in their gains. There is a reason people still have things like checking and savings accounts and CDs. | | |
| ▲ | lxgr 2 days ago | parent [-] | | > If you have funds needed for other things, they should be in lower-risk investments. That’s exactly my point. |
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