Where Should you Invest If You're In Your 20's, 30's, or 40's?

We are breaking lots of records right now.

The S&P hasn't had more than a 3% drop in months now, the longest streak ever. 

 

Volatility isn't a bad thing. 

 

It's normal to have ups and downs in the market, so it is particularly strange to go this long without a drop. It's giving a false sense of security. 

 

**Think of the long game.  **

If you're younger (20's, 30's or 40's), now is the time to invest. You have to drop this idea of market timing. Jump in now!

In an article titled, "Millennials Think Now Is the Right Time to Invest, and They're Right", Mark Matson says, "Market timing, whether you get in or out at the right time is the most destructive thing you could possibly do." 

 

The only way to really have success long-term is to pick a risk you can handle, get in, and stay in.

 

When the market drops, view that as an opportunity. Historically, after every significant drop, we see explosive growth. That is the way you win with long-term investing.

 

Listen to The Full Show:

Listen in for tips that will help you stay in the market even when it drops. Hear how you can know your risk, stick with it, and see long-term growth (Listen in at 8:09).

 

Key Quotes:

"Don’t avoid the market just because it’s up. Be sure you’re willing to stay in when it drops. ">  > "So much of my job is coaching, helping you stay in when the market drops, when it doesn’t feel good emotionally, but we know we’re on the cusp of great growth if we just stick with it.">  > "The only way to really have success long-term is to pick a risk you can handle, get in, and stay in."

 

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GREAT LINKs To LEARN MORE:

Why "Peace" May Be The Biggest Financial Foe of Today
Counter Intuitive Financial Wisdom That Works