Rip Van Winkle Would Have Slept Through The FAANG Phenomenon
If Rip Van Winkle fell asleep in 1900 and awoke in the year 2000, he’d probably see disappointing portfolio results. Even a simple (and correct) decision to put his money on the world’s superpower would lead to underperformance. So much of investing is out of our control. What we can control is how much we save and how widely we diversify. Learn more about your ad choices. Visit megaphone.fm/adchoices