4 ms·
The old chestnut is that the market can stay irrational a lot longer than you can stay in the black trying to bet against it. Keeping money in S&P500 index fun
by thrower123 7y ago
The old chestnut is that the market can stay irrational a lot longer than you can stay in the black trying to bet against it.
Keeping money in S&P500 index funds is giving 5-10% returns over the past three and a half years. Bank accounts and money-market funds don't even give you 1% over that period.
- joelbluminator 7y agoIndeed, that's the common investor wisdom. But I have to say it's getting scarier by the day. If you hoard cash or put it in a savings account you risk inflation. If you put it in the market you risk 40% crash is we witnessed twice the last 20 years. You might say bonds but they carry a risk as well as interest rates may pick up at some point. I'm staying in the market but can't say I'm loving it.