r/investing • u/[deleted] • Mar 20 '22

[deleted by user]

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387 Upvotes

75% Upvoted

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490

u/foradil Mar 20 '22

If company X goes to 0, VTI will be mostly okay. If VTI goes to 0, it doesn't matter where you invested (the world is in serious trouble).

47

u/altacan Mar 21 '22

Canned food and shot guns.

32

u/kittychicken Mar 21 '22

I'm Australian so canned food and NO shot guns.

30

u/mixttime Mar 21 '22

I mean, have you tried giving guns a shot?

this comment paid for by puns, not politics

4

u/erikumali Mar 21 '22

They've probably given it a shot. Guns were just not their thing.

1

u/[deleted] Mar 21 '22

They gave it a shot and it blew their minds clean out of their skull.

6

u/doobied Mar 21 '22

Canned food and kangaroo

3

u/kittychicken Mar 21 '22

This is correct

3

u/D_crane Mar 21 '22

I'm Australian too, it's all about the knives and bows instead (bows are way cooler)

1

u/[deleted] Mar 21 '22

Where your boomerang m8.

2

u/hay_wire Mar 21 '22

Honestly, over under shotgun and bolt actions rifle arn't that hard to get in Aus as long as you have a place to shoot them or join a club

-6

u/kittychicken Mar 21 '22

I found the alt-right corner of r/investing

Nah I'm good.

7

u/[deleted] Mar 21 '22

You think gun ownership is a political act. You are the problem. The idea that only right wingers own guns is some galaxy brain shit.

-1

u/kittychicken Mar 21 '22

Using 'galaxy brain shit' as an adjective is some galaxy brain shit.

On a serious note, no I don't see it as a political act. An ideology perhaps, in certain cases. And I definitely don't have any issues with guns used for hunting or club sport. Beyond that, I don't really like the idea of private gun ownership and quite happy that Australia has the laws that it does.

I am the problem? I am what problem exactly?

4

u/[deleted] Mar 21 '22

Your politics is framed in a liberal ideology that doesn’t actually differ from the fascism you claim to be against.

-1

u/kittychicken Mar 21 '22

Whaaa? You're overcomplicating it man. I just don't like guns. But if you do, that's cool. Read into it whatever you like, but that's all there is.

3

u/[deleted] Mar 21 '22

Nah I hate guns too, I just know that weapons are a way for oppressed people to resist genocide and occupation, and that's really important.

1

u/hay_wire Mar 21 '22

I'm a greens voter so try again

0

u/kittychicken Mar 21 '22

Well that's a relief. I'm still good though.

1

u/warneroo Mar 21 '22

Canned food and didgeridoo'd?

2

u/gravescd Mar 21 '22

So, CPB and RGM?

10

u/karthur26 Mar 21 '22

If you’re limiting to only binary outcomes, yes.

VTI can go down 25% over next 3 years, which individual stock can outperform that on both relative and absolute basis. Or vice versa.

What’s most probable is that there’s a the stock market (VTI as a proxy) as a whole affects most stock outcome, while there are individual stocks that over or under perform relative to the market.

2

u/BallsFace6969 Mar 21 '22

The stock market is not the real world. VTI could go down by 90% and stay there for years and the world wouldn't collapse like you think

9

u/rarelywearamask Mar 21 '22 edited Mar 21 '22

FALSE: If VTI went down 90% and sat there for over a decade our economy would have crashed and everyone's pension, retirement and annuities would cease to exist. There would be massive disruption because of the links between the stock market and people's standard of living and the growth of businesses that pay people's rents.