Yes I agree, I mean in the sense to stop investing in S&P 500 entirely and much rather focus on international market index funds
There is no free lunch, people who argue that S&P 500 historical returns and the over concentration into tech stocks has more risk than people believe leading to thinking of free profit
I would still call it a foolish errands if you are unable to keep your calm and composure if american stocks can fall 50% - 75%
If you are okay with that and then sticking your profits for 10 years or so afterwards to then get your money equal then sure
People forget that japan's markets got into a stand still for 30 years to make net profit. Researching about japanese documentaries pre and after that time can just show you the devastation
I personally recommend investing into world index funds if possible. Its your savings not your gambling money. Even 25% is devastating.
Even John bogle says that the difference between S&P (US) and international is minimal giving fairly similar but he was more nationalistic but seeing the current geopolitical and economical blunders by america, I wouldn't be surprised if he might change his stance
There is no free lunch, people who argue that S&P 500 historical returns and the over concentration into tech stocks has more risk than people believe leading to thinking of free profit
I would still call it a foolish errands if you are unable to keep your calm and composure if american stocks can fall 50% - 75%
If you are okay with that and then sticking your profits for 10 years or so afterwards to then get your money equal then sure
People forget that japan's markets got into a stand still for 30 years to make net profit. Researching about japanese documentaries pre and after that time can just show you the devastation
I personally recommend investing into world index funds if possible. Its your savings not your gambling money. Even 25% is devastating.
Even John bogle says that the difference between S&P (US) and international is minimal giving fairly similar but he was more nationalistic but seeing the current geopolitical and economical blunders by america, I wouldn't be surprised if he might change his stance
Rest in peace John Bogle, you will be missed.