posted on Aug, 12 2020 @ 08:01 PM
a reply to: Middleoftheroad
our market economy has systematically overexpanded, then contracted. This is the nature of the beast. you throw money at it when your young, so that
the growth over time yields around 8% on average. That doesn't mean you make 8% every year. Just that that is the average return over LONG term
growth. (20+ years) This also factors in the boom and busts. Best advice I an give is look at the morning star rating of the fund. Look at the 3,5, &
7 year return. If all of them are good, Invest. The SAP 500 Index fund typically does well. it out performs on average. That said diversify your
diversify funds. Watch the market. When its booming 6-8 quarters,with 1-2 reaching all time highs 5%-10% after the last bust, time to pull out and go
to bonds and money markets, while you wait for the correction. once it corrects, go back in while everything is cheap, then dont look at it again till
you see that all time high comment again.
You can do all that, or just leave it, and get a 8% on average return. I like to play, and while I had my ass handed to me the first quarter, and had
a loss the second. I have just now broken even for the year. Hopefully I will pull 3-4, that said I was down 36% due to covid and democrats.
Typically, I get a 13-18% return year over year.