Will You Be Ready When Stocks Lose Big?

Early in 2012, I delivered an investment talk at Singapore’s United World College. After my presentation, a woman in the front row asked, “Why should we invest in the stock market? It hasn’t made money for years. Bonds and savings accounts make much more.”That might sound crazy if we consider how stocks have soared lately. In 2019, U.S. stocks gained about 31 percent. Global stocks gained about 26 percent. If you invested $10,000 in Vanguard’s S&P 500 Index (VFINX) on January 1, 2010, it would have more than tripled to $35,166, ten years later.But in 2012, that woman was right.And she’ll be right again. You can read the rest of the story here:

Andrew Hallam

I’m a financial columnist for Canada’s national paper, The Globe and Mail, as well as for AssetBuilder, a financial service firm based in Texas. I’m also the author of Millionaire Teacher: The Nine Rules of Wealth You Should Have Learned in School and Millionaire Expat: How To Build Wealth Living Overseas. My mission is to educate, motivate and inspire people on basic retirement planning and best practices for investing, using evidence-based strategies. I'm happy to comment on your questions.

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