this post was submitted on 04 Apr 2025
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[–] WoodScientist@hexbear.net 9 points 22 hours ago

Exactly. For middle class folks who still have to rely on the stock market for retirement, the best option is to just buy dumb index funds and hold them til retirement. You aren't going to be able to outsmart and out time the actual Wall Street traders who have PhDs in mathematics, access to microsecond trading, and a trading bankroll of billions. If you need to rely on the market, buy and hold is the only sane strategy. At least then you minimize the number of trades you make and the chances for the snakes to screw you over.