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by Pooge 849 days ago
I really don't see how one example of an index going down makes all the others a bad investment. Sure the Nikkei is diversified across industries but it's not comparable to international indexes.
2 comments

That's not the only issue with this reasoning, this index is not a total returns one. And if you had been investing regularly you'd have bought companies at the Lowe price, which has produced a 2-3 times return in the last ten years.

Still, I also prefer global indexes.

I think the point is that "indexes are overall superior to stock picking, and always go up over long periods of time" is disproved by the history of Nikkei.

Sure, at a given time and place, an index may be better. At other times one or two stocks may be better. But I think the "time in the market beats timing the market, always" is kind of negated by Japan's lost decades.

Cherry picking the ONE counter example is not proving your point.
Second part of typical boglehead advice which you conveniently ignored is dollar cost averaging.