Thread 60747382

Why don't you just invest in index funds?

>>60747382 (OP)
you mean trust that a bunch of "experts" who made the index know better than I do?

no thanks. look at the weight and distribution of the fund and understand its risk. You might be exposed to huge downsides that are obvious in hindsight.

"durrr why didnt you buy real estate in 2004? It's 2006 and look at past performance you are a midwit even retards are making money"

Investing in Index funds alone is a guaranteed way to become wealthy when you are older, yes.
However -

Better yet is to gain an actual understanding of money vs currency, how central banks operate, the flow of money and credit through financial systems, and how currency is "printed" into existence.

When you understand how the economy works, you will understand why bull and bear markets occur, when to buy and when to sell, and just how completely fucked central banks are.

TLDR, BTC mogs index funds - at least for now.

>>60747407
Where can I start

Intelligence does not correlate with gains. Doing the right thing (consistently compounding gains) is more important than understanding anything. In fact, understanding too much leads to decision paralysis and unreasonable expectations.

>>60747407
>Investing in Index funds alone is a guaranteed way to become wealthy when you are older, yes.
nothing is guaranteed in investing, retard
index funds are currently overvalued

>>60747407
>BTC mogs index funds - at least for now.
this is also untrue, btc's performance has been shit recently

I do, in a sense.

>>60747382 (OP)
already do

>>60747467
quiet, stinkie

Eh, I cash out crypto with the platform

>>60747413
You basically start off by understanding that the "money" you've been conditioned to use your entire life (dollars, yen, pounds, euros, etc) - is all fake government monopoly bullshit that they print like crazy all the time - inflating the amount of the currency in existence constantly.
You then realize what the government actually spends money on - medicare/medicaid, defense, social security - and the big looming kicker - interest on the debt - and that last one just keeps getting bigger and bigger.

The world is currently trapped in an "Everything Bubble" - meaning we're in a period of fiscal dominance - meaning all monetary policy essentially exists to finance government spending at the moment.

Because government spending is around 122% of what it currently takes in, central banks MUST print money to cover the deficit - and the primary way it "prints money" is through bond auctions.

So if a person can track Central Bank Balance sheets, and can track the printing and flow of money through the financial sector, they can know when markets are affected -

Because asset prices simply reflect the massive debt refinancing cycle that governments are now trapped inside.

An index fund is great if you already have a lot of money

>>60747498
>1875 VOO
>$252.40 cost basis per share

i kneel VOO chad

>>60747382 (OP)
This meme is low IQ. If the brainlet in the top panel is in indices then the bottom plot should be up on the left and look like a U or V. OP is veritable midwit desu. Midcurving is being an index fund maxi, retards and geniuses use crypto and options.

>>60747413
Uneducated Economist is a good channel on youtube

>>60747382 (OP)
yeah so high iq people only have 5% in index funds and you being retarded think they have all is index funds.
you are that average guy telling people to buy shit

>>60747396
This is why you invest in algorithmic indexes like the S&P 500, investing in an actively managed index is foolish at best.

>>60747382 (OP)
no thanks lol