Investing in index funds and holding them for over 25 years nearly guarantees millionaire status.
What’s stopping more individuals from taking this approach?
Investing in index funds and holding them for over 25 years nearly guarantees millionaire status.
What’s stopping more individuals from taking this approach?
That's recency bias though... Just because something worked the past 25 years doesn't necessarily mean it will the next 25
Especially considering those stocks are propped up with exponential debt, unbacked by economic growth!