The advice out there is all over the place. I use the Warren Buffet advice. 'if I cant understand it I dont do it'. The problem is many people fall into the trap of 'i am smart at XYZ so therefore I am smart'. For me excel has save me many times from doing some really dumb things. Just put the numbers in. Do a 'everything is good' role and 'everything is bad' many times you will be surprised on how those numbers pop out. After the beating the market has taken for the past few weeks I bet there are many people who are now at 'margin call' having borrowed against assets that no longer exist.
I've been happy with my "get rich slow" scheme on stock indexes the last 7-ish years.
> the beating the market has taken for the past few weeks
Yeah I saw someone on Fediverse say the stock market was crashing too. I held through 2020 so... No this is really not a crash, I wouldn't even call it a beating. I have drastically slowed down my investments the last 4 years both because of COVID and because I'm saving cash for something special I want, but I'm planning to get back into regular contributions soon.
