“Risk comes from not knowing what you are doing.” – Warren Buffett
Is the Stock Market a casino?
It goes without saying that gambling is not a wise investment decision. Why?
The odds are not in your favor. You may get lucky and win in the short run, but over time, the house wins.
Some people see the stock market as a casino. They invest like it is. They may also invest in very short time frames, which is also risky … like a casino.
However, if you invest over a long period of time, the odds shift in your favor. You go from being a player at a casino, to the casino owner – you become the “house.”
Check out the chart below:
You can see, a balanced 50-50 stock bond portfolio made money over every 5-year period from 1950-2021.
Time is on your side if you are investing…just stick with it.
Let me know if you have any questions. Feel free to CLICK HERE to set up a phone appointment or email me at
Je****@Ri*********.com
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On the lighter side, I helped a friend get settled in his new lake house, in Hayesville, NC. To have a lake surrounded by mountains is so pretty and peaceful. Being on the lake reminded me of the times I went fishing with my dad.
Hope all is well with you and your family,
Jeremy
Finger Financial Five – 5 points in 5 minutes or less – is to provide you with a weekly shot of useful financial information. My intention is to share principles, so that you will have more clarity and peace, that help you make better financial decisions.
Investment advice offered through Stratos Wealth Advisors, LLC, a registered investment advisor; DBA Riverbend Wealth Management.
This content is developed from sources believed to be providing accurate information and provided by Riverbend Wealth Management. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. Stratos Wealth Partners and its affiliates do not provide tax, legal or accounting advice. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.
