• MonkRome@lemmy.world
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    8 months ago

    A bit off topic from your point, but there is no way to get screwed if you just invest for 10+ years in all market index funds from something like vanguard. The only way you’re going down in that situation is if the whole system goes down for good. Also government bonds go well above inflation. There are options for regular people, but both of those options likely mean financially supporting things you might not believe in. Like a imperial government and a dirty energy focused economy. The only way it’s a casino is if you buy individual stocks. Index funds are the safest way for regular people to make more money than inflation, you just have to be willing to let your money sit for a long time. You don’t invest in index funds if you’re unwilling to wait for the boom and bust cycles to pass a few times.