
Reasons NOT to Invest (And Why You Should Anyways) Ep #65
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<p>Every generation comes up with reasons not to invest. So in this episode of the Retirement Made Easy podcast, I share a historical perspective from the eyes of Baby Boomers, people born between 1946 and 1964 (approximately 70–80 million). The oldest Baby Boomer, born in 1946, is turning 75 this year. What’s happened in the economy since 1950? What has shaken the world and created fear in the minds of Americans? </p> <h2>You will want to hear this episode if you are interested in...</h2> <ul> <li>[3:12] The uncertain economy we’re living in</li> <li>[4:50] Reasons not to invest in the ‘50s</li> <li>[7:10] Reasons not to invest in the ‘60s</li> <li>[8:10] Reasons not to invest in the ‘70s</li> <li>[9:20] Reasons not to invest in the ‘80s</li> <li>[10:42] Reasons not to invest in the ‘90s</li> <li>[11:29] Reasons not to invest in the ‘2000s</li> <li>[12:30] Reasons not to invest in the ‘2010s</li> <li>[13:31] Where we stand on investing today</li> </ul> <h2>Reasons not to invest in the stock market</h2> <p>Here are some of the events that happened in the last 70 years and how the Dow Jones reacted during those decades (The Dow Jones—30 of the largest US companies—was established in 1896). </p> <ul> <li><strong>Reasons not to invest in the ‘50s</strong>: In 1950, the Dow Jones was priced at $198.89. The Korean War went on until 1953 and over 54,000 Americans died. In 1954, the Soviets dropped the first hydrogen bomb. Americans were terrified. Yet the Dow Jones was up 241%, ending at $679 at the end of 1959. </li> <li><strong>Reasons not to invest in the ‘60s</strong>: In 1962, the Cuban missile crisis occurred—just 100 miles from Florida. The Civil Rights movement happened in the 60s. JFK, Bobby Kennedy, Malcolm X, and Martin Luther King were assassinated. In 1964 58,000 Americans died in the Vietnam war. With all of this horrible news, the Dow Jones opened in the 70s at $809 (up 20%).</li> <li><strong>Reasons not to invest in the ‘70s</strong>: The ‘70s were horrible, with the greatest recession since the great d
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Reasons NOT to Invest (And Why You Should Anyways) Ep #65
user6723325135366