Quote:
Originally Posted by yak'em-n-stack'em
im too skeptical about loosing money
wanna show me some good stocks? pm me?
|
You're way too young to be worried about principle loss. Look at what "W" just said:
"this is a good year but Im just getting over my (-29%) loss from last year
My lifetime on this account which is 10years old... is 27.9% gain
I had two bad years...2001 and 2008...rest have been great"
You are gonna have some bad years, but over the long run the market will outperform CD's, savings accts, etc.
The younger you are, the more aggressive you can afford to be.