“The average investor made just over 5% in 2016, according to Openfolio.
That may not sound like a lot given that the Dow is up a whopping 13.4%, its biggest gain since 2013, but most investors don’t put all their money into U.S. stocks. They diversify by investing in bonds, Europe, Japan, emerging markets and commodities like gold and oil.”
See 77% of investors made money in 2016 — and women beat men againI made a whole lot more in my pension-portfolio than the Dow Jones Industrial Average (I have two accounts. One gained 212% and the other only 75% in 2016.). I was smart and lucky to get out of US stocks when I saw Trump coming along. It was just too risky. Instead I invested in gold prospectors/miners (check out the 52-week lows and highs…) where the high price of gold and fear around the globe fuelled phenomenal rises. I did make one mistake that reduced my gains but I’m still laughing. Being a capitalist can be a lot easier than working for a living…
Another year like this and I could retire from retirement… or something. With Trump around there are sure to be wild oscillations in markets, just the thing for the smart investor to lever into wealth. That’s what Trump did. It must be OK. 😉 Good luck to everyone in 2017. We can’t all win on the stock market but, clearly, in a good year, most can and it’s often much better than banking interest or “mutual” funds. Remember to hedge your bets and have a backup plan because as good as it gets things can get a lot worse.