Good Morning Everyone! In the last year, we've had:
- 10 rate hikes
- Record high 9.1% inflation
- Unprecedented bank crisis
Despite this, the S&P 500 has erased ALL of the losses since the FED started raising rates. The S&P 500 is now up +20% in the last year and is only 8% away from the all-time high.
This is the most resilient market I have ever seen 🔥
@jasperinvests@makingmsimple@mopmufc 😂 good point being in it for 20+ years seems to solve every problem I’m glad I asked the question now, just gotta see it as the same your would with a bad year :)
41-year old who "waited to invest until they made more money" would need to invest $1,665/month to accumulate the same ending total amount that a 28-year old who invested $500/month accumulated by 60 ($886,000)
Don't wait to invest, start with what you have & build from there