Some user convinced me to put my entire savings into index funds (VOO). I've already lost money and I'm starting to get scared. Last time I listened to you guys I bought $10k of chainlink at $4....
Am I fucked, Jow Forums?
Index funds
Evan Clark
Hudson Carter
>Investing in index funds
Were you born 1950-60?
Andrew Sanders
wtf bro you told me to do it retard
Jaxon Evans
HAHAHA
you literally bought the top of the stock market. It's going to crash and you'll be left holding worthless boomer bags
Grayson Gomez
>Last time I listened to you guys I bought $10k of chainlink at $4....
average linkfag right here
Jose Nguyen
Index funds are for pussies
real me buy stock in individual companies
kys
Benjamin Richardson
you told me to do it you faggot why are you taking it back now
Jason Butler
Jow Forums isn't a hivemind faggot. learn to thinm for yourself or you'll never make it
Josiah Watson
>I've already lost money
Holy shit dude... are you saying he didn't tell you to buy at the exact bottom? Oh wow, yeah that must be a con. Yeah, you're never gonna make in now, what a scumbag...
(don't be distracted by short term price action, always reinvest dividends, the stock market goes up over time, DO NOT LUMP BUY, DCA over time, buy more on a market pullback, less on a rally.)
>FOMOing in on a speculative cryptocurrency pump
kek were you born after 9/11?
not diversifying is a surefire way to get fucked, index funds let you catch the rallies you would miss out on otherwise, and offset the risk you get by investing too much in companies that have risks you have no way of seeing coming.
Ryder Johnson
Brainlet here, havent these ETFs done nothing but gone up year after year?