Thread: Side Hustle
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Old 12-14-2020 | 06:37 PM
  #296  
TegridyFarms
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Food for thought: https://www.cnbc.com/2018/05/07/warren-buffett-10000-invested-in-an-index-fund-when-i-bought-my-first-stock-in-1942-would-be-worth-51-million-today.html

This guy can’t beat the S&P. He’s the GOAT of investing.

Jim Cramer who is a prophet to some, and a fraud to others, he can’t beat the S&P.

Investing in the S&P is investing in America. Is it 100% of my portfolio? No. It’s 100% of my 401k though. Outside of that I have had some incredible luck since the market crash of 2008. You guys can compare percentages and strategies all day, bottom line is S&P with DRIP (dividend reinvestment program) is tough to beat over time.

Interesting side note is that the S&P is basically turning into a tech fund now. Will be interesting to see what happens over time... but I wouldn’t bet against American companies.
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