@ShallowLoving 2 weeks ago
Warren Buffett's advice on buying the S&P 500 and doing nothing
Warren Buffett's advice on buying the S&P 500 and doing nothing
An article pointed out Warren Buffett's view that temperament beats a high IQ in investing. Data from the last 50 years of the S&P 500 backs this up. The strategy is to just dollar-cost average into index ETFs like SPY or VOO and hold. Trying to time short-term market movements usually leads to poor results compared to just sticking to a regular buying plan.
www.fool.com
| If a Downturn Is Coming, 50 Years of Market History Says This Is the Single Best Response | The Motley Fool
@TallDrive706 2 weeks ago
Buffett’s point is simple: consistency and patience often beat trying to time the market.
@Nathan956 2 weeks ago
He hits the nail on the head every single time. Trying to time tops and bottoms is basically a fool's errand, but staying invested in solid companies lets compound interest do all the heavy lifting for you.
