I just invested in an index fund a few weeks ago and of course now it's down. The indices always go up overtime though right? If I stick it out I'll end up making a good rate of return? Especially if I put X dollars into the fund each month?
I hope you fully intend to hold these for decades.
The theory goes, that over multiple decades the market always goes up. However, if your investing horizon is too short, your entry point can make or break you.
It's a Vanguard fund that pretty much follows the dow. I figure if the world economy comes to a complete downfall I'll have much bigger things to rworry about than my fund anyways.
You have no idea if it will go up or go down.
It might go up but you will have been lucky. Then you will post on boards like this telling people to do what you did.
It might go down. And then you won't post on boards like this.
>The indices always go up overtime though right?
Go check out the Nikkei and how Japan has been doing the last 30 years