Let's say we see a big crash within the next three years, three years being the max.
Let's say you invest all your money right now and receive 10% return per year. In three years you'd be up 30%, but crash could wipe that out and more.
Now what if you put your money into a GIC or high interest savings account at say 3%. That's 9% over three years, missing out on 21% if you invested. But if the market crashes, realistically it could be 30-50%. You could enter the market then and make a great deal more than if you entered right now.
What's the argument to that? We don't know if and when a recession is coming? Or we could return 10%+ per year?
Submitted October 31, 2018 at 10:24PM by tistles https://ift.tt/2EW9EkU
