Goal: put money into some position, forget about it for decades.
There's this statistic around that ~90% of investors underperform the market. A safe (-ish) and easy way of investing is therefore to just dump money into an index, especially for long term growth.
The world economy is heavily linked to the US economy, which is best represented by the S&P500 because this index is very general and has a lot of companies. The S&P500 has grown a lot all through history, and there is never a point where the world economy grows yet the S&P does not. So whenever there is something to gain, you will gain with just following S&P.
Then, if you live in a non-US country you might want some exposure to your own country economy. Because that's where you will be earning and spending money in general. I live in Switzerland, which is a rich and stable country, so I can hold savings in the SMI index and they will follow Swiss economy.
Aside from that and without going into individual stocks, is there really anything else worth investing into?
Submitted September 16, 2021 at 04:22AM by Milleuros https://ift.tt/3zdUUoA
