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neothedreamer t1_iy5rp8r wrote

Reply to comment by That-Whereas3367 in Tech's reality check: How the industry lost $7.4 trillion in one year by Fatherthinger

This is true, however people DCA into their retirement accounts will probably be sitting on those positions for decades so there will be ample time for normal growth in the underlying business and stock price.

The last 2.5 years were not normal in any way.

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That-Whereas3367 t1_iy88gku wrote

Most of these tech corporations won't be around in 20 years.

Index funds 'work' because all the failures are automatically culled.

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neothedreamer t1_iy8uddm wrote

I don't know about that AAPL IPO'ed in 1980, MSFT in 1986, AMZN 1997 all are older than 20 years and part of Top 10 in S&P.

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