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re: My wife and I invested $700K at the end of 2021 — but after 2 years, we were down $35K
Posted on 3/15/24 at 7:41 pm to PGAOLDBawNeVaBroke
Posted on 3/15/24 at 7:41 pm to PGAOLDBawNeVaBroke
quote:
S&P has beat both of those handily so you are better off just investing in the market and not paying Eddie
I have no idea what invest in the market means outside of having an E*trade account and buying stocks.
I thought that is what I was doing by having a 401k and a Roth with EJ. I’m down like 80% on my E*trade account that I tried to buy stocks in so I’m not doing that shite again. I rode DWAC and AMC up and didn’t take profits so now I’m way down. Thats the main reason I don’t mess with this shite and just let someone else handle it.
This post was edited on 3/15/24 at 7:45 pm
4
Posted on 3/15/24 at 7:43 pm to Rize
He means investing it on your own in an S&P index fund instead of paying Eddie to invest it in junk that won’t perform as well
Posted on 3/15/24 at 9:20 pm to Rize
Just invest in ticker VOO which is Vanguard’s S&P 500 ETF. Mimics the S&P at a low cost. Low cost and is up 30% y/y and 80% over 5 years.
Thats what I meant by just investing in the market at large, sorry wasn’t clear.
Thats what I meant by just investing in the market at large, sorry wasn’t clear.
Posted on 3/15/24 at 9:53 pm to Rize
(no message)
This post was edited on 3/15/24 at 9:54 pm
Posted on 3/16/24 at 6:48 pm to Rize
quote:
I have no idea what invest in the market means outside of having an E*trade account and buying stocks. I thought that is what I was doing by having a 401k and a Roth with EJ.
I’m down like 80% on my E*trade account that I tried to buy stocks in so I’m not doing that shite again. I rode DWAC and AMC up and didn’t take profits so now I’m way down. Thats the main reason I don’t mess with this shite and just let someone else handle it.
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