If Your New Year's Resolution Is to Start Investing, Here's How
Are you interested in investing, but afraid to begin? That's not unjustified. Many financial media outlets post headlines with the aim of stoking fear and greed, putting off many from investing.
Over the past few years especially, market prognosticators have been talking about a possible recession, given the fact that we have been in the longest economic expansion of all time. And memories of the Great Recession and market collapse of 2008 are still fresh in many people's minds.
However, a recession hasn't happened, and these scare tactics shouldn't stop you from investing today, even in the 11th year of this bull market. That's because timing the market is notoriously difficult. Yet over the long run, stocks on average tend to appreciate by a much higher amount than inflation.
Source Fool.com
