Originally Posted by Wolf359
Yeah, I've been in the game for a couple decades. Returns over the last 10 years have been phenomenal, at least for me. Took a good beating in 2008 and also in the dot com bust. But I run into lots of people these days that have nothing in the market. I started out just by investing 100-200 a month in mutual funds. Increased it as my income grew and always maxed out IRA's/401ks.
I just think to the old saying, of course the game is rigged, but if you don't play, you can't win.
Helped this old guy and working wife - with very middle class jobs - retire with 7 figures in the 401 and brokerage.
I too was beat down by the drop at end of 2008, but I put all chips in.
Economy was either was going to recover or we would all be in the
bread line.
That's fine too ... I love
leftover pizza crusts
2018 was flat and a bummer. 2019 a bit rocky, but way better as YTD S&P500 gains have been almost 23%
I pulled the plug last month and I'm only about 20% equities currently.
I'm a poor guy in a drafty pine log cabin on a hill in the woods. We live pretty conservative compared to most anyone.