The fervor with which people advocate for ETFs is creepy to me.
Ive noticed so many situations where people from all walks of life who don't seem to have put too much thought into the details of how financial markets work, get deeply offended at the idea that the whole world can't collectively park their money in ETFs and collect an absolutely guaranteed 4-7% until the heat death of the universe as if it was some fundamental law of nature.
It's not just that they disagree, it's that you seem to be attacking some part of their identity by the mere suggestion.
Ive noticed so many situations where people from all walks of life who don't seem to have put too much thought into the details of how financial markets work, get deeply offended at the idea that the whole world can't collectively park their money in ETFs and collect an absolutely guaranteed 4-7% until the heat death of the universe as if it was some fundamental law of nature.
It's not just that they disagree, it's that you seem to be attacking some part of their identity by the mere suggestion.