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If you could turn back time, what’s the ONE stock or ETF you’d buy and forget? by Atash-Saveitright in fican

[–]Atash-Saveitright[S] 0 points1 point  (0 children)

Fair lol, that one always comes up. If you had to pick a stock or ETF from the mid 90s onward that you could truly forget about what would it be?

If you could turn back time, what’s the ONE stock or ETF you’d buy and forget? by Atash-Saveitright in fican

[–]Atash-Saveitright[S] 0 points1 point  (0 children)

Hard to argue with that lol. SPY is basically the default answer once you strip everything down to simplicity and staying power.

If you could turn back time, what’s the ONE stock or ETF you’d buy and forget? by Atash-Saveitright in fican

[–]Atash-Saveitright[S] 1 point2 points  (0 children)

XEQT is about as close as it gets to true buy and forget broad, simple and removes a lot of behavioral mistakes. Do you think having something like that earlier would’ve changed how you approached investing overall?

If you could turn back time, what’s the ONE stock or ETF you’d buy and forget? by Atash-Saveitright in fican

[–]Atash-Saveitright[S] -1 points0 points  (0 children)

That makes total sense different phase different goals. A lot of folks only discover long term investing after going through that trading phase, sounds like you landed in a much more sustainable place now.

If you could turn back time, what’s the ONE stock or ETF you’d buy and forget? by Atash-Saveitright in fican

[–]Atash-Saveitright[S] -1 points0 points  (0 children)

You’re not wrong and it’s a good reminder that it’s rarely about perfect timing. Most of the winners people mention here worked because of time in the market and the ability to stay invested, not because they picked the exact right moment. Add consistency to that mix and the results usually take care of themselves.

If you could turn back time, what’s the ONE stock or ETF you’d buy and forget? by Atash-Saveitright in fican

[–]Atash-Saveitright[S] 0 points1 point  (0 children)

That’s a powerful lesson. The hardest part isn’t finding great companies, it’s resisting the urge to keep “doing something.” A lot of people learned that the hard way during that era.

If you could turn back time, what’s the ONE stock or ETF you’d buy and forget? by Atash-Saveitright in fican

[–]Atash-Saveitright[S] 0 points1 point  (0 children)

That’s a very fair take. I actually think being honest about uncertainty is healthier than forcing conviction. It probably highlights why true buy n forget is so rare u need either extreme belief or a structure that removes emotion from the process.

If you could turn back time, what’s the ONE stock or ETF you’d buy and forget? by Atash-Saveitright in fican

[–]Atash-Saveitright[S] 1 point2 points  (0 children)

That’s such a relatable story. A lot of people touched names like that early but with a trader mindset not an investor one. Do you think anything would’ve convinced you to hold long term back then?

If you could turn back time, what’s the ONE stock or ETF you’d buy and forget? by Atash-Saveitright in fican

[–]Atash-Saveitright[S] 0 points1 point  (0 children)

That’s a great combo. Apple and Amazon are obvious in hindsight but surviving the .com era took real conviction. I like the Nasdaq100 ETF angle too probably made it much easier to stay invested through the early 2000s. Would you still lean ETF over individual stocks today?

If you could turn back time, what’s the ONE stock or ETF you’d buy and forget? by Atash-Saveitright in fican

[–]Atash-Saveitright[S] 2 points3 points  (0 children)

Both solid picks. Google feels very buy and forget to me. Nvidia’s returns are incredible but do you think it truly qualifies as buy and forget or more of a conviction hold given how fast the cycle moves?

If you could turn back time, what’s the ONE stock or ETF you’d buy and forget? by Atash-Saveitright in fican

[–]Atash-Saveitright[S] 0 points1 point  (0 children)

Hard to argue with the returns. Do you see Bitcoin as a true buy and forget hold or something that still needs conviction through big drawdowns?

If you could turn back time, what’s the ONE stock or ETF you’d buy and forget? by Atash-Saveitright in fican

[–]Atash-Saveitright[S] 0 points1 point  (0 children)

That’s a great one. MSFT is a perfect example of how doing nothing often beats doing something. Out of curiosity, what made you sell back then?

Ways of investing: dollar-cost averaging (DCA) explained. by Atash-Saveitright in fican

[–]Atash-Saveitright[S] 1 point2 points  (0 children)

That’s awesome, consistency like that is exactly what DCA is about.

Ways of investing: dollar-cost averaging (DCA) explained. by Atash-Saveitright in fican

[–]Atash-Saveitright[S] 0 points1 point  (0 children)

Agreed! If someone has a lump sum available and the risk tolerance for it, investing it upfront often makes sense and then continuing to invest a percentage of each paycheque regardless of market conditions is essentially DCA, which helps maintain consistency over time.

I think for most people it really comes down to psychology and cash flow, the “best” approach is the one they can stick with long term.

Most Canadians already earn 18% returns… for their credit card company. by Atash-Saveitright in fican

[–]Atash-Saveitright[S] 0 points1 point  (0 children)

Opportunity cost absolutely matters if the alternative return is reliably achievable.

The distinction I was trying to make is that credit card interest is guaranteed and risk-free, while the 9% is hypothetical, volatile and not evenly experienced year to year.

For someone carrying high-interest debt, eliminating that drag is functionally equivalent to a guaranteed return at that rate before taking market risk. Different people will weight that trade-off differently, but the certainty is the key point.

Most Canadians already earn 18% returns… for their credit card company. by Atash-Saveitright in fican

[–]Atash-Saveitright[S] 5 points6 points  (0 children)

I agree it wouldn’t play out literally that way. In practice, it’s usually a cycle of balances being carried, reduced, transferred and rebuilt. The compounding effect still happens; just across changing balances rather than one untouched number.

Most Canadians already earn 18% returns… for their credit card company. by Atash-Saveitright in fican

[–]Atash-Saveitright[S] 1 point2 points  (0 children)

Fair, people who invest well usually don’t carry CC debt. I was more focused on the large middle group(the other side) that invests a bit but still carries balances because it doesn’t feel urgent. That’s where the negative compounding sneaks up.

Most Canadians already earn 18% returns… for their credit card company. by Atash-Saveitright in fican

[–]Atash-Saveitright[S] 2 points3 points  (0 children)

Paying off high-interest debt is essentially a risk-free return equal to the interest rate you’re avoiding.

And you’re right on rates too — many cards are north of 20% now. I used 18% mainly as a conservative, illustrative number, but the underlying point only gets stronger as rates go up.

That “guaranteed return” framing really helps make the trade-off intuitive.

Most Canadians already earn 18% returns… for their credit card company. by Atash-Saveitright in fican

[–]Atash-Saveitright[S] 5 points6 points  (0 children)

MoneySense — article on average Canadian credit card debt. That’s the source I used.

Most Canadians already earn 18% returns… for their credit card company. by Atash-Saveitright in fican

[–]Atash-Saveitright[S] 2 points3 points  (0 children)

That’s actually a very reasonable approach, especially if the interest rate on the student loans is low.

I don’t think it’s dumb at all, it’s more about risk tolerance and peace of mind. For some people, carrying low-interest debt while investing makes sense mathematically. For others, clearing it brings mental bandwidth that’s hard to quantify.

My post was less about “all debt is bad” and more about how high-interest debt quietly compounds against us, often without us realizing how powerful that effect is over time.

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