The one man I know who actually did accurately predict the 2008 financial crisis, Joe Kalish of Ned Davis Research (NDR) – and before you ask I didn’t listen to him either – believes this isn’t time to rush into caution.
There’s a unique level of excitement that surrounds $multi-billion tech IPOs – considered the sexy end of the investment market – despite the majority having no discernible profitability, revenue streams or solid future plans for same.
What nonsense being spewed out over the last few weeks. Everyone’s suddenly wearing a swami hat and predicting Armageddon. I’m glad I wasn’t reading my market “horrorscope” when…
Q: What is their average investment return over 5, 10, 20 years for each risk profile (low, medium, high)? This is not about “beating an index”. This about the type of average expectation of returns you can expect on your investment over a long period of time based on your tolerance for risk.