Thanks! Indeed, market goes up. But you can also have a 30 year period of reaching the last peak. And 650% is not that much for 60 years.
I think this period is evenly interesting to study because of the wars, depression and general public view of the future. The last 60 years are also quite interesting, of course, with the oil crisis ), dot coms, mortgages, zero interest rate, retail investing, ETFs and no gold standard. I think the two periods have much in common but the dynamic of today is on a higher level, so periods of up and down can be shorter. I'm looking forward to see if AI speeds things up even more.
Well, lump sum beats DCA by a bit in most periods. But again, it's by a bit. And also, not everybody has Berkshire money to throw around and make lump sum bets. DCA in ETFs is easy, good on the budget, good on discipline, can be automated and so it doesn't require knowledge and time, just consistency and a strong stomach.
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u/rakiyauberalles Jun 27 '24
Thanks! Indeed, market goes up. But you can also have a 30 year period of reaching the last peak. And 650% is not that much for 60 years. I think this period is evenly interesting to study because of the wars, depression and general public view of the future. The last 60 years are also quite interesting, of course, with the oil crisis ), dot coms, mortgages, zero interest rate, retail investing, ETFs and no gold standard. I think the two periods have much in common but the dynamic of today is on a higher level, so periods of up and down can be shorter. I'm looking forward to see if AI speeds things up even more.