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that's pretty insane, i get not panic selling and, after btc, that concept is pretty well ingrained in me, but if a person was already retired and living off that income, they're screwed no? like wham, -70%

how do index funds work in this case, do they just rebalance themselvs and then prey you can withstand the drawdown

how do index funds work in this case, do they just rebalance themselvs and then prey you can withstand the drawdown

I'm not sure. That sounds plausible enough. If so, that's similar to systematically selling the bottom, because you'd be getting rebalanced away from whichever stocks fell the most.

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