How Long is Long Term?
Retirement Talk Podcast with Laura Stover
English - May 10, 2023 10:00 - 36 minutes - 50.2 MB - ★★★★ - 38 ratingsInvesting Business 401k financial money ohio retirement business investtalk laura lifestyle moneymanagement Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
We work with people that have investing questions all the time but there are two that investors often boil it down to. They want to know how long they need to be invested to be sure they don’t lose money and how long they need to stay invested to make sure they do better than an alternative investment.
In this episode, Laura Stover, RFC® and Michael Wallin, CFP® will explain how a successful investment plan has to get measured over the long term to truly evaluate how well it has done. As they discuss, you need to have a long enough duration to let the performance of the solutions you put in place, give you the outcomes you’re looking for.
So how do you do that? Let’s take a look at the historical data and see what some of the bright financial minds have said. Then we’ll talk through the key considerations when building an investment strategy that are aimed at success over the long term.
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Timestamps (show notes):
5:36 – How a random walk applies to long term investing
8:54 – Using a football analogy to show how this works
10:20 – What the data shows us
12:58 – Our view on long term investing and the bucket approach
16:07 – The other scenarios you have to consider
19:09 – Why 20 year periods are so important
27:28 – How important are fees?
29:16 – Finding your risk capacity