FYI: The last twenty years haven’t been great for U.S. investors. Specifically, it hasn’t been great for lump sum investors. If you invested $10,000 in the S&P 500 in 1999, you could have $29,800 today if you were able to hold on.
But how many people threw $10,000 into the S&P 500 and never invested again? Not many I’d wager. The majority of ordinary investors contribute to their 401(k) regularly, like clockwork. For these people, the last twenty years weren’t so terrible.
Regards,
Ted
https://theirrelevantinvestor.com/2019/01/11/buy-low-buy-high/
