“Investing is risky, you could lose money!”
You’ve probably heard this before in some shape or fashion.
And to be fair, they are correct… kind of.
You could potentially lose money when you invest, therefore meaning investing is technically “risky”.
But typically the people who say this, are making the riskiest financial decision of their life without even realizing it.
Because the people think that investing is risky, typically never invest at all.
And that is actually the riskiest financial mistake you can make.
Why is this?
Because inflation is eating away at your money’s purchasing power every year.
Not only is the value of the dollar constantly eroding, but in reality the stock market has proven that it isn’t as risky as many would make it out to seem-
IF you are investing for the long term.
“In the short run, the market is a voting machine but in the long run, it is a weighing machine.”
―Benjamin Graham
While the market can be volatile in the short run, over the long term it has proven to be the greatest wealth building tool of all time.
$1 invested in 1801 would now be worth $2,334,920.
$1 held in cash adjusted for inflation would now be worth $0.04.
So we have to ask ourselves:
Is it investing that is risky?
Or is it actually not investing that is risky?
I choose to invest for the long term.
Check out these resources:
Tickerdata 🚀 (My automated spreadsheets and instant stock data for Google Sheets!)
Interactive Brokers 💰 (My favorite place to buy and sell stocks all around the world!)
Seeking Alpha 🔥 (My favorite investment research platform!)
Other News…
At the start of every month, I send out a newsletter to my paid newsletter subscribers with a list/spreadsheet of all the dividend stocks that I believe to be currently undervalued.
If you’d like to receive this sheet, you can sign up here:
That’s all for now!
See you next week!
Dividendology 🚀
The drop in the dollar in 1913 is notable! Why do you think that is…..? 🤦🏻♂️. Great article Eli!