It’s scary headlines like this: ‘trampled’, ‘crashes’, that put off less informed, risk averse individuals on lower incomes/ net worth, from investing in stocks.
It’s a shame, as ETFs, and hell, index funds if you must, outperform savings on a 3 year or even less horizon.
Yes, my portfolio dropped 7% this month. I’m still up 6% YTD and 13% in the last 12 months.
My horizon is well over 5 years. It would be an easy way to slow or even reduce my net worth if I were to put it all in a savings account.
Yet this is what a lot of folks do, frightened by scary bombastic headlines without a balanced long sighted story.
Current stock performance is very notable and newsworthy, yet lacks any narrative outside of short term performance.
It’s a shame, as ETFs, and hell, index funds if you must, outperform savings on a 3 year or even less horizon.
Yes, my portfolio dropped 7% this month. I’m still up 6% YTD and 13% in the last 12 months.
My horizon is well over 5 years. It would be an easy way to slow or even reduce my net worth if I were to put it all in a savings account.
Yet this is what a lot of folks do, frightened by scary bombastic headlines without a balanced long sighted story.
Current stock performance is very notable and newsworthy, yet lacks any narrative outside of short term performance.