A few weeks ago, TODAY came out with an article titled “Investing in stocks can be risky, but rewarding.” (read it here!) The article roughly covers on how in 2008, the market crashed. And STI rose to a high before dropping again in mid November 2018.
The article also wrote that in the long term no other products perform better than stocks. However, to make it work, an individual would need to have a plan.
One way is to not be so affected by fluctuations and if you are in your 20s or 30s, you can recover from short term losses and gain in the long run as you have time on your side.
Diversification is also another way to improve the performance or reduce the risk that you are exposed to. They recommended having REITs or at least 15-20 stocks of various sectors.
If you are thinking of growing their money, stock markets