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No? I plan on working 30-40 years - I just want my investments to grow throughout that time period so when I retire I can live off what I've earned. As best I
by tw04 3y ago
No? I plan on working 30-40 years - I just want my investments to grow throughout that time period so when I retire I can live off what I've earned.
As best I can tell, the only people that want "growth above all else" are the top .01% who have enough money in the bank that they can make all of their income from buying and selling stocks, as well as the hedge fund managers that get a cut of the short-term profits.
The average working-class folks that just put money into a 401k couldn't care less if this quarter is a record quarter - they care what their investment does over a much, much longer period of time.
- ponector 3y agoEveryone from my circle are comparing year-to-year profitability of investment funds before new money allocation. I don't think it is true that <1% cares about short term gains.