Monday, March 12, 2018

Being Smart with $$ - Wall Street Victims

Which is worse? To be invested in stocks and lose money as the market falls, or to not be invested in stocks and watch the market rise?  Neither are fun. Sitting out the market means your cash stash buys less every year because of inflation. And if you’re in the market and it falls, you just have less money. But unlike gambling in a casino, your money is likely to increase in stocks over the long term because most big companies earn profits every year that adds to their value and stock prices should eventually reflect all that new value created. So while you may be a Wall Street victim for being in the market on a bad day, in the long term you are more likely to be a victim for NOT being in the market.
Larry Pike, CFA
www.clientpriority.com
Blog: clientpriority.blogspot.com

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