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Old 05-18-2026 | 01:37 PM
  #256  
Delta757
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Joined: Dec 2022
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Originally Posted by Hotel Kilo
I inherited some money end of 1989. I took my inheritance and bought two shares of Berk A. I think I paid like 8k/share. Now it's up to around 722k/share. Total luck. But I had a hunch and decided to roll with it. Stock market is gambling. Seems I got very lucky on that one. I also took a blood bath in the tech bust and again in 2008-10 during the financial crisis. Again, the market is a gamble just depends on your level of sacrifice you are willing to tolerate as the market swings around. We've been on a very good run lately whether that is inflated or not, I don't care, I'm not losing money so that's good for me.
I'd say getting on particular companies or sectors can be. But historically, the entire US market does average healthy returns. Nothing is ever 100% but if very much push back that "investing in the stock market is gambling." Buy the market and chill.
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