The past 5 years have been hard on the market, and extremely tough on 401K’s and retirement portfolios around the world. But, with each recession and resulting market volatility, comes opportunity. I am speaking to the younger generation of professionals who have 30+ years until reaching retirement. The truth of the matter is that none of us know what the health of the economy will be like 30 years from now, or what the political environment will be like at the time. One thing remains certain however; you will need a portfolio consisting of stocks, bonds, ETF’s, property, or other assets that are impacted by the health condition of the global economy. So if you can’t predict the future, and you know hoarding cash under your mattress won’t get you to retirement, you are left with little choice than to educate yourself and invest as wisely as possible.
