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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Personal Finance / Macroeconomic Trends & Risks
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Author: mechinv   😊 😞
Number: of 4460 
Subject: S&P 500 closes above 5,000 for the first time
Date: 02/09/24 4:16 PM
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The S&P 500 has just closed above 5,000 for the first time.

Congrats to all of us who made the no-brainer decision to buy an index fund 5 years ago, 10 years ago, 20 years ago, however many years ago. We're also grateful for all the company 401K plans that made it such a no-brainer to add to an index fund from our paychecks every month, on auto-pilot, while we ignored the market pessimists and focused on our careers and businesses.

Congrats especially to the thousands who never flinched and kept buying incrementally and automatically through the bear market of 2022 and 2020. You're all gonna make it.

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