What if I don't have 20 years? What if my risk appetite is to invest in speculative stocks? Not everyone is suited to an index fund and not everyone wants to

What if I don't have 20 years? What if my risk appetite is to invest in speculative stocks? Not everyone is suited to an index fund and not everyone wants to only invest in index funds. You would also want to consider one of the reasons a wide range of index funds have an attractive yield history is the demographics of the growing population associated with the baby boomers, which is now in decline. I will be extremely surprised if the next 20 years is such a gimme, you will need to pick an appropriate index fund which is not that easy without a crystal ball, once again demographics are you best friend here. PS: If the S&P halved tomorrow the smart thing to do would be to buy more.