The public has been told all their lives to invest. Sock that money away – put it into the market. For the long term.
Save dividends, which are now being whacked hard, long-term equity investors have little to show for their efforts over the last twelve years. Throw volatility into the mix, and you might think the last man at the table is footing the tab.
You should ponder this before telling the friend next to you “I’m not worried about my investments…the market always comes back.”
Because where it comes back to is all relative.