I'm referring to your statistic that average investor is up 3.5 % over a period where the market has performed much better. So apparently not timing the market, you know buying at tops and selling at bottoms hasn't worked out to well for the average investor, has it.
I respect you as a financial advisor, but that does not make you a stock professional. I noticed you cited all the cliches, invest smart, risk tolerance, long term goals, etc, but didn't address the thread topic. Look, I'm not a client, so step outside of your professional comfort zone and let us know what you think of this stock market at this level.
My point was that active investing, which almost always involves timing of some sort, doesn't work for most people. It's just not a good idea, as fun and sexy and exciting as it may be. All those active investors could have saved a great deal of money, time and grief just investing in an S&P 500 index fund and getting on with their lives.
The cliches became cliches because they're true, and they work. I've seen it all, and it always just comes back to the basics. People are chasing return all the time and usually end up getting burned.
Want an aggressive portfolio that you can just leave alone and will probably beat the market over the next 20 years? Here:
60% VOO
25% VO
10% VWO
5% VEA
Dollar cost average in monthly and you're good to go. Until about age 50-55, when you'll want to start blending in some bonds.
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