Invest
An Elemental Financial Literacy Lesson
By Taking Care Of My Own Business  โ€ข  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 โ€˜Shut Up and Wait.โ€™* 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.

๐—”๐—ป๐˜†๐˜๐—ต๐—ถ๐—ป๐—ด ๐˜๐—ต๐—ฎ๐˜ ๐—ธ๐—ฒ๐—ฒ๐—ฝ๐˜€ ๐˜†๐—ผ๐˜‚ ๐—ถ๐—ป ๐˜๐—ต๐—ฒ ๐—ด๐—ฎ๐—บ๐—ฒ ๐—ต๐—ฎ๐˜€ ๐—ฎ ๐—พ๐˜‚๐—ฎ๐—ป๐˜๐—ถ๐—ณ๐—ถ๐—ฎ๐—ฏ๐—น๐—ฒ ๐—ฎ๐—ฑ๐˜ƒ๐—ฎ๐—ป๐˜๐—ฎ๐—ด๐—ฒ.

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 youโ€™re invested primarily in index funds, which track the performance of the global market as a whole, youโ€™re almost ๐—ด๐˜‚๐—ฎ๐—ฟ๐—ฎ๐—ป๐˜๐—ฒ๐—ฒ๐—ฑ ๐˜๐—ผ ๐—บ๐—ฎ๐—ธ๐—ฒ ๐—บ๐—ผ๐—ป๐—ฒ๐˜† ๐—ถ๐—ณ ๐˜†๐—ผ๐˜‚ ๐—ท๐˜‚๐˜€๐˜ ๐˜„๐—ฎ๐—ถ๐˜ ๐—น๐—ผ๐—ป๐—ด ๐—ฒ๐—ป๐—ผ๐˜‚๐—ด๐—ต.

And...
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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 ...
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