A low cost S&P stock index fund seems to be a decent place for investment over a LONG TERM 20+years time horizon. It has some drawbacks, especially over shorter time horizons.
Every investment contains some element of risk. And when considering risk, there is power in having a diversified portfolio of investments. How to achieve diversification suited for one's needs is a fit subject to discuss with a professional, with the understanding that not all 'professionals' are equally competent and fiduciary.
As Walter Bagehot said, 'Life is a school of probabilities.'
Yo, sound the bell, school's in. Can't touch this.
Stocks managed to rally back today, as I suggested might happen.
Bessent can't have his Prince delivering the State of the Union address tonight without bragging rights on the Dow. Even Hot Lips Leavitt couldn't put a positive spin on a market slump. She'll most likely get some practice with this as the year moves along.
Gold and silver also gave it up early as expected, it being a Comex futures March contract option expiration and all. But they bounced back nicely which is something a little new.
VIX is holding a littler higher these days, skipping along on the EMA 20.
The Dollar bounced up just a little.
So let's see what Donald says to further baffle the world tonight.
Have a pleasant evening.
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