017 The One Thing - Successful Lifetime Investing
Maven Money Personal Finance Podcast
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The Number Four Benefit of Automatic Savings
You buy the asset that you're buying at the average price. Every year, on average, the market declines by minus 14%. Between three and five years, it will decline by about 30 per cent. This is usually when people stop buying the asset they're buying for ever. You get such superb returns from investing in equities because all temporary declines are temporary. Long term, the market will do what it's always done - continue its rising trend line. Most investors look at capital value of investments rather than their net monthly contribution. So i'm more concerned ecause i'm still buying the asset. I am delighted we are nearer market high. At the moment my automatic savings aren't buying
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