Comment on If investing in the S&P 500 is such a surefire way to make money, then why isn't everyone doing it?
Someonelol@lemmy.dbzer0.com 5 weeks agoI’m definitely number 2. It takes a lot of effort to not sell shares after they go down even if it’s been years.
Tinidril@midwest.social 5 weeks ago
If you are currently in the process of saving instead of withdrawing in retirement, then falling stock prices are just buying opportunities. If the grocery store puts eggs on sale, you wouldn’t fret that the eggs currently in your fridge aren’t worth as much.
When you think of it that way, it gets a lot easier to hang on after a crash, and you might start looking for ways to buy even more at bargain prices.