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.
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.