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> History shows that, lacking a crystal ball, you're more likely to lose than win. This is the opposite of what history shows. Markets have grown on average. B
by ashelmire 8y ago
> History shows that, lacking a crystal ball, you're more likely to lose than win.
This is the opposite of what history shows. Markets have grown on average. Buy a varied assortment of assets, an index of British assets, you’ll do fine. Just don’t expect good quarters in the short term. You’ll be up a lot in 10 or 20 years.
- ChrisSD 8y agoYes if you average over the market you're likely to make money in the long term. Though note that in some cases long term can be on the order of two or more decades. Buying into a risky market right before a down turn will only increase the time for you to see a return on your investment. Meanwhile you could have been making a "steady" income in less uncertain markets. Or even invested in the world market as a whole.