| ▲ | JumpinJack_Cash 37 minutes ago | |
Bro the index is about riding the hype and fomo and when the phenomenon progressively loses track it gets less and less quota | ||
| ▲ | epistasis 24 minutes ago | parent [-] | |
I don't understand the lingo in your comment but my best possible guess is that I disagree vehemently with it. Long term dollar cost averaging is not about hype and fomo. Overall pricing in equities does vary according to alternative investment routes, which is why I'm diversified into those as well. Stonks go up. Stonks go down. Averaging over decades, ownership is about owning a share of productive output of a large portion of our entire economy, an amazing restructuring of social relations that presents an amazing opportunity for the common person, unseen throughout the history of humanity. | ||