Part 2/7:
Imagine two individuals who begin their investment journeys at 18 years old in 1985. Among them is Chilled-Out Charles, who opts for a straightforward strategy. He invests in a broad-market index ETF and commits to leaving his investment untouched for decades. Conversely, Anxious Andrea decides to wait for the perfect moment to invest, driven by her desire to optimize her financial outcomes.
1985: The Beginning
Charles invests his initial amount, believing that over time, the market will reward his patience. On the other hand, Andrea finds herself plagued with doubt almost immediately. In 1985, economic growth slows, inflation rises, and she hesitates, thinking that such turmoil is not conducive to smart investing.