Hot take: I was dead wrong about index funds being boring until I actually looked at my 401k returns after 5 years

I used to think picking individual stocks was the only way to make real money, but after tracking my buddy's index fund against my active trading over 3 years, his account grew 22% while mine barely hit 8% after fees and bad picks - so which side are you on, active or passive investing?

2 comments

2 Comments

caleb_gibson22h ago

Holding onto the winning one feels pretty good though, doesn't it?

andrew69321h ago

Stick with the loser until it turns around or you'll regret dumping it cheap. I held onto some crypto that dropped 70% and everyone told me to cut my losses. It took two years but it finally bounced back and I came out ahead. Why do you think jumping ship early is always the smart move?