I've got a good 40+ years before my retirement. I know that a slow and steady approach, over time, is a good way to go. Even so, I'm interested in taking on more risk. At the moment I don't have that much money, but I want to maybe get some pointers or advice so I can start figuring out what I will do in the coming months and years as I get part time jobs and internships.
Basically, if I want to take on more risk, is it foolish to assume I can beat the markets by perhaps a small margin on average? I'm talking about maybe up to a 15% annual return as opposed to an expected 8 or 9% return if I were to follow the markets. Some things I've heard about include emerging markets, or leveraged funds. Honestly leveraged funds sound a bit iffy to me. And then on the extreme end there is options trading and stuff like that which I doubt is a good idea for me. What are your thoughts? in the long term, even a 2 or 3% difference in returns becomes a huge amount. My reasoning is that with slightly higher returns, I may be able to start enjoying the returns of my portfolio earlier than if I had invested more conservatively.
Submitted January 28, 2019 at 09:50PM by Stars_Stripes_1776 http://bit.ly/2RTQi5X
