this post was submitted on 03 Oct 2025
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It's funny to me that when you read literature about investments they always say over and over that past performance does not indicate future gains while an extremely common piece of "same" advice passed around is that total market index funds are good because they typically rise ~x% a year. All of it is based on the idea that things just grow. Because they've always grown. But past performance can't indicate future gains.
I don’t think that’s quite the same. The companies that are “in” index funds change, so it’s more like investing in the top X companies at any given time. In theory, you’d only be investing in companies that are innovating and doing things.
Not saying you’re wrong about things assuming to always grow, just pointing out that it’s not quite the same thing.