Investing
An Elemental Financial Literacy Lesson
By Taking Care Of My Own Business  •  April 30, 2022
Are you still reading books on economic cycles, trading and hedging strategies to boost your financial literacy?
Is the most powerful and important investment book among them? It is called ‘Shut Up and Wait.’* It’s just one page with a long-term chart of economic growth.

Why?

The historical odds of making money in U.S. markets are 52/48 over one-day periods, 68% in one-year periods, 88% in 10-year periods & (so far) 100% in 20-year periods.

𝗔𝗻𝘆𝘁𝗵𝗶𝗻𝗴 𝘁𝗵𝗮𝘁 𝗸𝗲𝗲𝗽𝘀 𝘆𝗼𝘂 𝗶𝗻 𝘁𝗵𝗲 𝗴𝗮𝗺𝗲 𝗵𝗮𝘀 𝗮 𝗾𝘂𝗮𝗻𝘁𝗶𝗳𝗶𝗮𝗯𝗹𝗲 𝗮𝗱𝘃𝗮𝗻𝘁𝗮𝗴𝗲.

This means that there has never yet been a 20-year period where the stock market has lost money! (The Japanese Stock Market might be the one to really make this a rule … no rule without exception, right?)

If you’re invested primarily in index funds, which track the performance of the global market as a whole, you’re almost 𝗴𝘂𝗮𝗿𝗮𝗻𝘁𝗲𝗲𝗱 𝘁𝗼 𝗺𝗮𝗸𝗲 𝗺𝗼𝗻𝗲𝘆 𝗶𝗳 𝘆𝗼𝘂 𝗷𝘂𝘀𝘁 𝘄𝗮𝗶𝘁 𝗹𝗼𝗻𝗴 𝗲𝗻𝗼𝘂𝗴𝗵.

And...
Read the full article
By Taking Care Of My Own Business
Why you should be Taking Care Of Your Own Business or why you should Tacomob. Hi, my name is Andy.Andreas G. Schmidt (aka Andy) What motivated me to create this website? Well, sometimes, one can observe a lot by watching ...
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance