A stock market Index however is a barometer that’s wholly unreliable. It tells you it’s raining when it’s sunny. And vice versa.
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.
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.