How could you lose anything this year?! The SP500 is up 18% lol, that is basically an almost “risk-free” return since it’s so diversified. My total portfolio return for the year is around 13% (I have some bonds to smooth the ride in case sp500 goes down a lot), or up ~200k
@google obviously is not risk free since it’s an equity investment (hence I put it in double quotes), but among equity investments it’s the most risk free. It’s accurate to say that in any given year if your equity return is significantly below the market return (like op), you are a moron wasting your money.
Also, even if we get to another 2008 and equities go down 50%, I would be comfortable keeping everything invested in broad indexes (actually buying more by selling some of the bonds I have). It would be completely crazy to instead keep holding OP’s companies once they end up in free fall, because quite literally they may never recover or go bankrupt altogether.
It already happened because I have 30% of diversification in international stocks and they have been hammered like crazy the past few years. I kept investing on the downside, and the good sp500 brought up my returns to a number not too far from the market return itself. If/when international outperforms, I’ll be in a really good shape.