Plenty of new investors say, "This is great. I just started investing in ETFs and I've been doing really well."
Here's a question: Assume you have been investing for just a few years. Would you prefer to see the stock market drop for 3 years in a row and gain a 20-year annual return of 6.5%? Or, would you prefer to see stocks soar over the next 3 years and gain an average of 9.33% over the next 20 years?

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Young Investors, Would You Pass the Wizard’s Test?