from Allianz Life, which asked this question for the first time in a recent survey of 1,005 adults over 18 in December.shows that Americans are again starting to sock away more cash. The savings rate for December was 3.4% — the highest level in seven months and the biggest month-over-month jump since July 2021.
“We don’t have a comparison of the number of people who are sitting on cash rather than investing back to 2020 and 2021, but one point we can look at is comfort with investing,” LaVigne said. Whispers of a looming recession coupled with still-high inflation also aren’t helping Americans feel the need to take more risk when investing.
The market’s worst days tend to be followed by its best days. Since 1980, after each instance of big market declines, the market never failed to recover and make new highs, according toIn the past 20 years alone, the S&P 500 annualized 9.7%, but missing just 10 of the market’s best days, which tend to occur within less than one month of the 10 worst days, would have reduced that annualized return to 5.5%, according to the research.
Sad to see and hear this. I am so far still holding on in the market at age 80. Hope we can survive this puppet confused President. Stop the give aways and this border mess .