Auction amounts - how high is high

[G1911]

Originally Posted by Peter_Spaeth

After reading Eugene Fama and Bogle's book and one other whose name I forget, I became more and more convinced that investing a lot in individual stocks was problematic without inside information, and trying to time them even worse. I ignored my own advice not that long ago because I loved NVDA but geez it's been a disaster, and I don't want to keep buying the dip.

I put a whole lot more into S&P index funds than anything else. I think it's pretty hard to lose, doing properly managed index funds, if you're in it for the long haul and don't panic sell at every dip. Like your DOW chart, it generally goes up, up and up over long periods of time and serves as a good bet against inflation and my cash on hand losing money sitting in the bank every year. My plan is generally to just let that ride and sit until I really need it, which will be in a low income year where my tax rate will be lower. Individual shares scare me more, I'm careful, don't go too deep into anything and generally pick long-term good bets, which don't always work out at all. I don't know how the day traders don't have heart attacks. But what do I know, if I had it figured it out I'd be on a private island with my Wagner's