Here's why millennials might not care that the stock market is crashing.
has calculated for me. If you waited until 37 to start this routine, at 65 you'd have just $180,000. And among millennials who have been saving in a 401 plan with the same employer for a decade straight, the average balance is closer to $150,000, the Fidelity spokesman told me.In other words: Not being able to invest as much as you'd like to can't prevent you from investing what you can. Now.
If you're a millennial with a healthy investment account balance, the standard advice applies: Despite the recent large drops in the market, stocks have historically bounced back and prove fairly fruitful over the long-haul. A $50,000 investment in U.S. stocks in 1950 grew to more than $87 million by this year, according to data provided by Morningstar. And even stock-heavy portfolios took under four years to fully recover from the devastating 2007-2008 financial crisis.
"The biggest mistake one can make in this financial environment is attempting to react to or predict the market," said Lannan at Fidelity. Her advice: "Invest consistently and stick to a plan, even during the bad times."
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Coronavirus and Christmas: Why it's healthy some people are getting in the holiday spiritCoronavirus and Christmas: Why it's healthy some people are getting in the holiday spirit LifeAtHome
続きを読む »
Why Europe’s new border controls won’t help muchMost experts think border controls are largely useless for protecting areas where there is already an epidemic
続きを読む »
Tom Hanks Has Diabetes and Coronavirus—Here’s Why That Makes The Condition More SevereActor Tom Hanks revealed in an Instagram post Wednesday night that he and his wife Rita Wilson have been diagnosed with coronavirus disease or COVID-19…
続きを読む »
Why Tom Brady's signing for Tampa Bay echoes Peyton Manning's move to the BroncosLike Manning, Brady has left the franchise where he became an NFL star, but can he emulate his old foe and win a Super Bowl with the Bucs?
続きを読む »
Why the coronavirus pandemic may fast-forward 5G adoption in the USThe coronavirus outbreak and the rise in remote work has advanced the need for more robust 5G technologies in the U.S.
続きを読む »
Here’s Why Soft Landings in HIIT Workouts Are Actually ImportantApart from being sore and sweaty, there's one thing I expect from every HIIT workout — being told multiple times by the trainer to aim for 'soft
続きを読む »