My retirement fund that I just started was worth $15k in December of 2021. Then, May of 2022, our area was hit really hard. My retirement plan went down to $7k. Today, it’s worth $11k. I lost $4k on my retirement plan. It’s invested in total market funds, some tech, some big cap companies, and healthcare. But every sector has been ravaged by the stock market changes.
I mean, while I get what you’re saying and don’t disagree, I’d phrase it as “hold an index fund rather than stock in individual companies”. ETFs themselves are traded on the stock market.
You’re right. I wrote it quickly while on the go.
I wrote this quickly while going on the toilet. Just thought I’d share.
I hope you had a good sense of euphoria after that.