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>Decide to finally get serious about investing >No more

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>Decide to finally get serious about investing
>No more losing money on /biz/ memes
>Open Vanguard account
>Buy 10k worth of index funds
>-$0.02 first day

There's no hope left
>>
>>1744604
you'll lose 100% when the recession hits
>>
grandpa, why didn't you buy US GOVT BONDS? they'll be mature in just 17 years!!!!!!!1
>>
>>1744606
this. holy shit OP you decided to go all in the worst time possible
>>
>>1744604
lol i hope you're not serious OP
>>
leave it alone
>>
>>1744606
If you sell

Why would you sell in a recession?
>>1744606
>>
>>1744617
Don't worry
I-it's an investment

>>1744629
Yeah you won't lose it you hold for a long time. R-right?

>haha haha ur so fucked
>>
>>1744682
As long as the company stays on the srock market you can keep your stocks indefinitely.
>>
>>1744617
>you decided to go all in the worst time possible

the worst time, really? the WORST time?
>>
>>1744604
but u said you were gonna be serious, then picked the biggest meme
>>
Roleplaying thread? Can I play?
>>
>>1744604
You'll be fine.
>buy index funds with my student loans
>lose 10% first year
>to scared to look, forgot/ignored it
>30% up 2 years later
>>
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>>1744604
nice one post from this id bait. I'd applaud you.
>>
>>1744737
what? how did you pay for school then?
>>
>>1744872
Finally someone else is paying attention to this shit
>>
I also bought like 50k in index funds and the loss is around $250 already. But you just have to learn to ignore it, a week is nothing in a 30 year long term plan.
>>
>>1744897
I'm dutch, we are allowed to borrow far more then we need to pay for tution and housing.
>>
>>1744682
>Yeah you won't lose it you hold for a long time. R-right?

Anyone holding during the big tech crash would be ahead right now.

Anyone who was holding during the big tech crash who said "well, fuck..." and invested heavily to further build their portfolio while they were at their lowest would have seen amazing returns.

You only lose when you sell.
>>
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got 2000 DRYS today at 1$ and it's already 1,11$
good day'
>>
>>1746461
The point is that if they sold before the crash, they could buy even more during the dip. This would result in superior gains to pure holding. You fucking idiot.
>>
>>1748019
Have fun trying to time the dip in a bull market like this.
>>
>>1748019
>could've

>should've

>would've

Yeah, timing the market does not work...idiot
>>
>>1744709
>but u said you were gonna be serious, then picked the biggest meme


What would you suggest over index funds, genius? Cryptos?
>>
>he fell for the markets always go up meme
>>
>>1748116
>cryptos
Eh, if you want to get rich you better buy bitcoin, unless you are a pussy that can only hold grandpa tier stocks then complain you never got rich.
>>
>>1744621
there is no "worst time possible" if you use the cost average strategy. Read about it
>>
>>1748163
>Eh, if you want to get rich you better buy bitcoin,

I already bought it sub 200 (i'm not a laggard fool). It would be stupid to buy now that it is high.

I'm holding 40% in cryptos that I bought early and 60% in index funds, planning to increase the index part and reduce crypto magic internet money bullshit gambling fund

>>1748329
lump sum on average beats dollar cost averaging:
https://pressroom.vanguard.com/nonindexed/7.23.2012_Dollar-cost_Averaging.pdf
Thread posts: 28
Thread images: 3


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