Ever since the Dow fell 1,000 points in a single day, the media has been in a frenzy.
Yet, over a 30 year retirement of rising living costs, you better have a plan in place that will allow you to double your income.
The only investment that can do this, in my opinion, are baskets of stocks that represent all the leading companies around the globe.
Basically, buy the entire market and let the spirits of capitalism do their magic.
This strategy (while not perfect) seems to work better then attempting to beat the market through stock selection, market timing, or searching for the next superstar money manager based upon all the evidence since they first started analyzing investment manger performance in the early 60's.
Bonds?
Cash?
Gold?
Forget about it.
They barely keep pace with inflation.
The next time you feel the urge to hit the panic button, review this chart.
It’s the only thing you need to know about investing in the stock market.