Only small percentage people make profit in investment.
Most people will lost money either in long term(10-15years) or in short term. Investing experts or financial advisers always say that, In the past 80 years, stock average reward is 8, 9, 10%. I highly suspect the calculation. Index all the time change the companies, bad companies were out and good ones were in. In this way, index is up in long term.
Also, a lot of companies were out of business. Value went to zero. Did they count it when they calculate the annually 9 or 10% return?
Most people will lost money either in long term(10-15years) or in short term. Investing experts or financial advisers always say that, In the past 80 years, stock average reward is 8, 9, 10%. I highly suspect the calculation. Index all the time change the companies, bad companies were out and good ones were in. In this way, index is up in long term.
Also, a lot of companies were out of business. Value went to zero. Did they count it when they calculate the annually 9 or 10% return?