Quote:
Originally Posted by Gerbs
Coworker left $60,000 USD on the exchange over a year waiting for a dip. Kinda painful cause $60,000 on index investing woulda net him a decent amount for retirement at 25.
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60g in an index for a year and he can retire??? What the hell are you smoking and what index fund are you hawking.
Non of the major indice did more than 20% a year during the epic decade long bull run. If he put that money in last year at the top of the market he would of came out negative.
Even if he double his money you still can’t retire of that amount of money.
Unless you mean he meant to put 60g on bitcoin when it was in the 3 digit range