“Over the last 100 years or so, there’s been no 40-year period in which you’d have run out of money if you held a broad stock-market-index-like portfolio and took out 3% of the initial capital, inflation-adjusted, every year; so you’re safe adopting such a strategy now.”
Assuming that you invested in the United States stock market. Argentina would have looked like a good bet back in the 1920s, but it hit some really bad times...
Mr. Money Mustache is very US centric. YMMV with the investing advice if you are in a country with different tax codes or a smaller stock market with less international exposure. The advice on how to save money is good no matter where you are.
Assuming that you invested in the United States stock market. Argentina would have looked like a good bet back in the 1920s, but it hit some really bad times...
Mr. Money Mustache is very US centric. YMMV with the investing advice if you are in a country with different tax codes or a smaller stock market with less international exposure. The advice on how to save money is good no matter where you are.
As I said:
Indeed, some stock markets are better investments than others. (How far one can predict which ones is an interesting question.)