Funny

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Once-in-a-generation (lemmy.ml)

submitted 5 days ago by cm0002@lemmy.world to c/funny@sh.itjust.works

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[–] Pistcow@lemm.ee 14 points 5 days ago (2 children)

See, I exchanged my 100% S&P500 401k to SPAXX in December, waiting for the crash. I've made 10%~ doing nothing! It took me a while to realize, but I'm finally going to buy the dip.

[–] blandfordforever@lemm.ee 6 points 5 days ago

What a visionary. This guy fucks, am I rite?

[–] nexguy@lemmy.world 4 points 5 days ago (2 children)

How can you make 10% in a few months when spaxx annual return is less than 5%?

[–] nexguy@lemmy.world 2 points 5 days ago

You netted 10% vs broad market. You "made" 2%

[–] sugar_in_your_tea@sh.itjust.works 2 points 5 days ago (1 children)

The delta between the losses in the S&P 500 and gains in SPAXX.

[–] Pistcow@lemm.ee 1 points 5 days ago

#MATH!

For the folks slow on the uptake, my ape brain has seen enough crashes to finally realize what was coming, and I got out at peak and going to jump back in after it dips to a certain threshold.