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.
Yeah I agree but if you planned to retire or planned to pay for a house or your kids college with that money you are SOL. Now you have to wait again on things that are time sensitive.
Right until that next market crash. Dad was really happy in 2007.
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.
Yeah I agree but if you planned to retire or planned to pay for a house or your kids college with that money you are SOL. Now you have to wait again on things that are time sensitive.