That financial philosophy does describe me. But I also like very low fees because why let a fee be a drag on performance over a multi-decade time horizon? An unnecessary 1% fee compounded is quite expensive. The only time I deviated from a so-called DCA philosophy was during March 2020 when everyone was panicking.
Studies have shown that men lag women who in turn lag monkeys when it comes to stocks. I figure an index fund is a good proxy for a monkey so that’s what I go with.
So, since we already knew that Octo wasn’t here to contribute anything to the thread other than serving as an example, I direct your attention to new poster (and almost certain to be soon departed poster at this rate) Bixnood.
They reactivated a 19 year old zombie as their first post -
(which had a pretty trollish OP from back in the day for that matter)
To shriek about NIMBY and fake green energy. A few posters had a moment or two to snark before Aspenglow shut it down, but the poster in question must have stumbled in from somewhere, with their 8 minutes of read time to address a near-two decade old rant.
The question is, do they blow on by, or stay and ink up the place (briefly) like others?
And a poster frequently mentioned in this thread, agzem, who we’ve noted makes frequent inappropriate hijacks and low quality arguments based on… suspect information (and misrepresents even that) has pulled a warning, a 3 day suspension, and a modloop consideration in the Child Labor in Alabama thread.
Part of that is due to their posting history, but they went whole hog in their usual ‘PC/Woke culture’ hijacks into the thread.
Haven’t lost anything. Nor have I gained anything other than more shares of stock. It’s just the so-called dollar value is down. Anyways, how about 3 points? Ah, we’ll make it 10 due to inflation.
One of my least favorite posters, agzem has been banned! One of only two to ever end up on my ignore list.
I’m not sure how much we’re supposed to speak of the banned here, but I am not sorry to see that COVID-denying, anti-vax, purveyor of lies and damned lies hit the road.