11d (edited) • General discussion
Most would sell‼️
This is a common beginner mistake. And it’s a big one!
I’ve invested into the Vangaurd LS 100 fund since 2019 for my 2 daughters.
As you can see the returns over the last 5 years have been good. When you work it out - it has got average returns of 11.84% in that period.
This is much better than a savings account. And better than leaving it in your current account. Like the £1.9T pounds sat in current accounts and cash ISAs here in the UK 🇬🇧
If you look at year 2 returns of the attached pic it’s -6.25%. This is important to get your head around - especially beginners…
Because most people who started with this fund in that particular year. Would have stopped because of negative returns.
To build wealth as an investor. Zoom out. Think long term. DCA into your chosen index fund or funds or whatever assets you prefer. It’s that simple!
Yes you get average returns of 10% when you track the global stock market (like the S&P 500) - but no investment goes up in a straight line.
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Most would sell‼️
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