1.3 Investing in 2024 with Stocks Near Record Highs

This is the roller coaster of returns we've experienced since 2018 for US stocks:

  • 2018: -5%
  • 2019: 31%
  • 2020: 21% (this masks the intra year 30% drop we experienced in March to May 2020)
  • 2021: 26%
  • 2022: -20%
  • 2023: 26%
  • 2024: TBD

Remember that good long term investing strategies don't change, they just get adapted to current conditions in the world.

There's a lot to adapt to right now with inflation calming down, economic uncertainty, and increased risk due to high stock market valuations.

There are also huge investing opportunities right now for professionals like you.

Remember that today's stock market levels could be much lower in 5 years, but in 30 years they will look extremely cheap.

That's why you need a long term investing plan. Your education gives you the superpower of consistent investing capital. With your degree, you have more income stability, which allows you to take more risk resulting in higher long term returns if you know what to do.

Remember that you can post comments in each lesson at the bottom if you have any questions.

Now let's check out the first video. Remember that trick about changing the video speed with the gear box in the bottom right hand corner.

Complete and Continue