111 - You Are The Stock Market
Maven Money Personal Finance Podcast
00:00
What Is the Stock Market?
The stock market, which we'll now call the great companies, which we use every single day, do move in cycles. Your returns are baked into the stock market, i e, the amount that you are going to gain each year on average. The only way to invest is vi, a globally well diversified equity stock market portfolio. We can it simple and assume inflation over the long term has been around four % in most developed countries. Therefore, the stock market has produced a return of a round about six % above inflation. Very few people get these returns because they react, in one word, because of their misbehavior. It's the test for yourself: Will you do absolutely nothing
Transcript
Play full episode
