The Real Cost of a Vacation Home
What if instead of buying that vacation home, you invested the money?
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It’s an exciting time for American investors. Recent years have seen a boom in Americans investing in the stock market, with Goldman Sachs estimating U.S. households will spend $400 billion on equities in 2021, averaging an eyebrow-raising 44% allocation of their total assets to stocks. Between new technologies (like mobile trading apps) lowering the bar to entry and “meme stock” trends raising awareness, it’s no wonder so many people are waking up to the power and potential of investing.
These food myths will really put a drain on your wallet.
Experiencing negative returns early in retirement can potentially undermine the sustainability of your assets.