The best retirement advice I've ever heard is also the most boring - Business Insider

Personal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money. We may receive a small commission from our partners, but our reporting and recommendations are always independent and objective., which can be hard to grasp for some investors.

When it comes to investing, everyone wants to feel like the genius who picked a stock and made their money back many times over. While we might hit it right and buy an Amazon or a Netflix from time to time, odds are we are not investing enough money to retire on.. Single stocks can be very risky and may not make sense for all investors.

But the best retirement investment advice I've ever come across in my years in finance says to do just the opposite:Exciting investments might come with the possibility of 10x returns. But they could also come with the possibility of losing a big chunk of your money. To get a better understanding, let's look at two possible investments to see which makes more sense for your retirement account..

At the same time, VOO steadily chugged along. Made up of 500 of the biggest US stocks, the S&P 500 index had a great run over the last five years until theIf you had bought Tesla early enough, you could have made a return of thousands of percentage points. However, there wasBoring index funds consistently outperform professional stock pickers

like airlines!? the world is changing before our eyes

but then you rely on perpetual federal government stimulus

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Microsoft launches Cloud for Healthcare - Business Insider - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »

PayPal adds QR code payments to its app - Business Insider - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Can’t wait to see that happening. I also wish 7-11 will use it.
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »

The 6 best credit cards for bad credit in May 2020 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »

Coronavirus: Business executives turn to e-learning under lockdown - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. This could be a great positive to come out of the C-19 crisis if our leaders would get behind and embrace this huge opportunity in learning instead of boo hooing school shutdowns. Total revolution in reducing education cost and increasing OPPORTUNITY. Fantastic!
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »