Tax and Insurance
September 15th, 2020
You want the return, but you're scared of what to buy....cash is killing.
“The problem is, some millennials may be putting their retirement security at risk by shying away from stocks now. Consider that the S&P 500 averaged a 7.92% return from January 2007 through December 2017, adjusted for inflation and with dividends reinvested — and that time period includes the financial crisis. By comparison, the average annual return for money market bank accounts hasn’t topped 0.3% in the past eight years.”
Over 60% of millennials find investing in the stock market to be a scary endeavor. We agree. It is. But, it does not need to be. We understand returns require risk, but responsible risk and a level of risk you feel comfortable with. That is why we build your portfolios for you, not for someone like you.