lukestein’s avatarlukestein’s Twitter Archive—№ 16,779

  1. Yes, today was bad in the US equity market Yes, we are down to levels not seen since… March Yes, diversified buy-and-hold investors have done well over the long term Yes, we may be in for a bumpy ride (but ±3% days aren't 𝑡ℎ𝑎𝑡 unusual, even if we haven't seen one since 2022)
    oh my god twitter doesn’t include alt text from images in their APIoh my god twitter doesn’t include alt text from images in their APIoh my god twitter doesn’t include alt text from images in their APIoh my god twitter doesn’t include alt text from images in their API
    On twitter.com Twitter logo lukestein’s avatar ♻️ 1 Retweets ❤️ 14 Favorites Mood +1 🙂
    1. …in reply to @lukestein
      Sorry: We are down to levels 𝙛𝙞𝙧𝙨𝙩 seen in March, but not seen 𝙨𝙞𝙣𝙘𝙚 May That is, if you’re buy-and-hold in the S&P 500, any money you invested before 3/20/24 is up. Any money you invested after 5/8 is down. Standard caveats (ignoring taxes, dividends reinvested) apply
      Permalink On twitter.com Twitter logo lukestein’s avatar ❤️ 3 Favorites Mood -1 🙁