AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Investing for the Long Run
Lynch says that nobody believes in long-term investing more passionately than him. Bear markets are, of course, to be expected for stock investors as a market correction of 10% or more can happen every couple of years on average. If someone had invested $100,000 in stocks in July of 1994 and stayed fully invested for five years, they would have ended up with $341,000. Those that are bearish on the market will state that the market is overpriced, which seems believable, especially nowadays in 2022.