![]() ![]() ![]() If you can keep your money in the market for 10, 20 or even 30 years, your potential to build wealth is tremendous. ![]() That’s an amazing statistic when you think about how volatile the market can be over the short run. While no one can predict what the market will do from year to year, the S&P 500 index has actually never lost money over any 20-year rolling period. While you can make short-term profits in the stock market, it’s actually a safer bet to leave your money in the market for the long term and let compound interest do its magic.įor starters, the longer you leave your money in the market, the less risk you actually take. The main reason the stock market has been such a tremendous wealth generator is the effect of compound interest. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |