The market gains on average about 9% compounded annually. If you don’t panic (like the last few weeks) and recall that it always rebounds eventually, and don’t sell on a panic drop, you’ll do well. Never buy single stocks. Too risky. You might find another Apple, but more likely it’ll be a dud that can’t keep up with inflation. I agree: managers don’t pay for themselves. They’re no better at predicting the market than chicken guts.
David OBrien over 5 years ago
The bond men captured their interest. Especially those in the stocks. It’s the principal of the thing.
57BelAir over 5 years ago
80% seems very high. Wonder how successful the managed funds are.
Ray*C over 5 years ago
The market gains on average about 9% compounded annually. If you don’t panic (like the last few weeks) and recall that it always rebounds eventually, and don’t sell on a panic drop, you’ll do well. Never buy single stocks. Too risky. You might find another Apple, but more likely it’ll be a dud that can’t keep up with inflation. I agree: managers don’t pay for themselves. They’re no better at predicting the market than chicken guts.