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Old 27.03.2020, 13:25
Chuff Chuff is offline
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Re: Markets down - Invest now or wait further?

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Fully agree on being a long-term investor. But why can't you be a passive long-term investor? You simply buy-and-hold low cost ETFs. And how exactly do you risk getting decimated by the 'active investors' or the 'funds'? The article I linked (this one) precisely proves that, in the long run, passive investors (e.g. market trackers) beat active investors (e.g. timing-the-market approach).
If there's some things I have learnt from reading people's thoughts and strategies it is that:
  • Most people seem to think that their way is the best/safest/reliable
  • People frequently use similar terminology but apply different meanings, meaning that what one person says can often be different to another even if the words are the same
  • Just let people get on with their own investing life and you get on with yours and don't waste time getting involved in any pedantic debates about what constitutes "passive long term investing" etc if you are clear on your own meaning and what you want to do
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