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Originally Posted by lilyflower3191981
The baby boomers have a right to be scared, and so do millennials like me.
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I'm a millennial and I'm waiting for this crash I keep hearing about to materialize. I'm looking to buy, and buy big.
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Originally Posted by lilyflower3191981
Don't know how other cd posters invest, For me, the stock market has been the best long term investment over the past 100 years. If you had $1 million invested in stocks in 1935, it is worth $2.4 billions today if you held on.
when average folks open an IRA or participate in your 401K plan, there will be a jolly salesman telling you to park your money in mutual fund. You are really buying into the fund manager in hopes that his or her stock picking abilities will be better than yours.
An incredible 96% of actively managed mutual funds fail to beat the market over any sustained period of time.
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Index funds are your friend.
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Originally Posted by mathguy
Weird how gold has fallen by 10% EVERY YEAR (rough average) for the last 3 years and the conspiracy nuts haven't uttered a peep lol.
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Gold was a textbook inflationary bubble (as in people bought it
solely because it kept increasing in value). Unless you bought it circa early 2000's and sold at peak you lost out.
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