Anonymous wrote:
Anonymous wrote:Reddit has a lot of noise I know but there are people who are experienced and have been in the market for a very long time..Some over 60 years. These people are asking the same questions.
I think what this all means the next crash is going to be brutal. Absolutely brutal. And a crash will happen eventually. It can happen this Monday or 15 years from now.
The biggest culprit in my humble opinion is the Federal reserve rate cutting mani in the post COVID era. And now we have a juiced up market hugging kissing policy. There is way way too much cash sitting in the sideline. Where is a this cash supposed to go? Back in the market.
Then you have the cultish VOO/VTI/VT/SCHD/whatever passive index DCA for life folks. These people are knee deep in the cult and will assist you if you say anything about passive investing.
Sorry but we live in an era of mass thinking and cult-like moves.
What is wrong with dollar cash averaging? I've been doing that for 25 years or so. How does that hurt anyone?
(I'm invested in vanguard 500 index fund and in an actively managed vanguard fund-- like in most cases, given the fees for the actively managed fund, the index seems to have done better over the long run.)
And did you mean to say that the cultist will "assist" folks? I imagine you must have intended a different word here-- why would you have a problem with people helping others?