Attention, Younger Savers: You're Losing Out on Millions
If someone offered you an opportunity to triple the money you're currently saving, with no strings or risk attached, would you take it? Probably -- you'd be a fool not to. But what if that offer were a bit more loaded? What if you could grow your money significantly, but with the knowledge that you might lose out on some of it if circumstances happened to align in the worst possible way?
That's the conundrum so many savers face with regard to the stock market.
Historically, the stock market has delivered consistently higher returns than safer investments like bonds and traditional savings accounts. Yet the stock market is also much more volatile, and as such, countless savers are opting to avoid it completely.
Source: Fool.com