2min chapter

Animal Spirits Podcast cover image

Person of the Year (EP.235)

Animal Spirits Podcast

CHAPTER

Millennials Will Be More Likely to Stick to Their Investment Strategy During a Drawdown

Millennials will be more likely to stick to their investment strategy and continue doa cross averaging during a down turn. I don't even lok at my vanguard index funds when the majority f my money is in it, because it's so much less interesting. When there was a recent down turn, like we had last week, it's nothing compared to what our to hold things do when they dump. Wew'll be less likely to pull our investments or stop investing than our parents during a drawdown.

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