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Technology Stocks : Systemsoft Inc. (SYSF) -- Ignore unavailable to you. Want to Upgrade?


To: 90sInvestor who wrote (3527)6/3/2020 4:59:33 PM
From: Jimbo Cobb  Read Replies (1) | Respond to of 3529
 
That is a great story and God bless you and your wife. She sounds like a good woman.
On the bright side, if you'd bought Amazon, you probably wouldn't have held it 25 years or whatever. :)

Giving up on investing in individual stocks doesn't necessarily mean you have to give up on investing altogether though. In order to take a lot of the stress out of investing, most people should probably just follow Warren Buffett's advice and dollar-cost-average over time into a S&P 500 fund (or I guess buy SPY). If you own the whole S&P 500, you don't really have to spend time stressing at night over companies going to zero. Of course, some of the S&P 500 will fail over time, but the winners will more than make up for the losers.

Even the S&P 500 can drop 50% in a big crash (financial crisis, etc), but over time it always seems to come out in pretty good shape (at least so far). :)

Take care yourself!