Lee Duna to [email protected]English • 1 year agoThe "American Dream" costs far more than most people will earn over their lifetimewww.cbsnews.commessage-square173fedilinkarrow-up1673
arrow-up1658external-linkThe "American Dream" costs far more than most people will earn over their lifetimewww.cbsnews.comLee Duna to [email protected]English • 1 year agomessage-square173fedilink
minus-square@[email protected]linkfedilink-3•1 year agoYou lose if you sell during a crash. If you bought literally just before the GFC and didn’t sell, you would be up +313% on S&P 500. Buying at the worst time pre-GFC would have you negative for only 5 years.
minus-square@[email protected]linkfedilink-1•1 year agoYeah they said wait 5 years. If you’re so desperate for cash u can’t wait 5 years and work a part time job at 65 then fuck u just die.
You lose if you sell during a crash. If you bought literally just before the GFC and didn’t sell, you would be up +313% on S&P 500. Buying at the worst time pre-GFC would have you negative for only 5 years.
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Yeah they said wait 5 years. If you’re so desperate for cash u can’t wait 5 years and work a part time job at 65 then fuck u just die.
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