Assuming Warren Buffet's famous quote -to put 90% of money in low cost S&P500 fund and 10% in bonds- is true, why do most people not follow this simple advice and invest? Is it the (tiny) risk of losing money? Is it too intimidating and difficult to understand for common people? Is it that they dont trust financial professionals? Is the aforementioned really the best strat for most people to follow? How does the MSCI compare to the S&P with regard to risk and return? With average returns of over 5% in the long run it makes a guy wonder.
Submitted March 19, 2019 at 01:31PM by Odin_The_All_Father https://ift.tt/2uhhQnP