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<p>[QUOTE="Cloudsweeper99, post: 1281834, member: 3011"]For those out there interested in facts, not opinions, I'd just like to point out the following about the above claims. If you take a simple index investment like SPY, it is currently at 122. 11 years ago on this date it was 113, so buying at 113 and earning a 2.5% dividend on the starting value that grows most years produced a profit, not a loss. 15 years ago on this date it was 55, so buying at 55 and earning a 2.5% dividend on the starting value that grows over time also produced a pretty good profit even though you held through the crashes of 2000 and 2008. </p><p><br /></p><p>This isn't to prove that investing in an index fund is the best strategy [no investment is always best], but it does point out that you are going to read a lot of misinformation on Cointalk about the merits or lack of merits of stock market investing. Watch out for weasle words like "opportunity cost" and the like that are used by the writers to blow smoke in your face and allow them to wiggle out when their feet are held to the fire. It's all there to mislead you.[/QUOTE]</p><p><br /></p>
[QUOTE="Cloudsweeper99, post: 1281834, member: 3011"]For those out there interested in facts, not opinions, I'd just like to point out the following about the above claims. If you take a simple index investment like SPY, it is currently at 122. 11 years ago on this date it was 113, so buying at 113 and earning a 2.5% dividend on the starting value that grows most years produced a profit, not a loss. 15 years ago on this date it was 55, so buying at 55 and earning a 2.5% dividend on the starting value that grows over time also produced a pretty good profit even though you held through the crashes of 2000 and 2008. This isn't to prove that investing in an index fund is the best strategy [no investment is always best], but it does point out that you are going to read a lot of misinformation on Cointalk about the merits or lack of merits of stock market investing. Watch out for weasle words like "opportunity cost" and the like that are used by the writers to blow smoke in your face and allow them to wiggle out when their feet are held to the fire. It's all there to mislead you.[/QUOTE]
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