• 4 Posts
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Joined 8 months ago
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Cake day: May 31st, 2024

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  • nimpninto196@lemmy.blahaj.zoneLotterule
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    21 days ago

    I don’t think you quite understand what I mean. You can’t extrapolate from the last 3 years. What you can extrapolate from is longer periods of time, where we occasionally see assets going generally down for some time. So you have maybe 90% chance of your stock portfolio going up in the next 5 or 10 years, and 10% chance of it going down (rough numbers but the point holds).

    So you can end up in a situation where you lose money, but it’s unlikely. If you are very risk averse, you would prefer a 0% increase over these odds.


  • nimpninto196@lemmy.blahaj.zoneLotterule
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    22 days ago

    All kinds of low risk things go down occasionally. Think of the 2008 financial crash for example. On average, or over a long time, you are very likely to make gains. But that’s not nevessarily true for shorter periods like 10 years even if you invest in low risk assets.

    Edit: I also invested some of my student loans in Finland. Or officially, my other income that was freed up due to the loan ¯_(ツ)_/¯