Great post by Abnormal Returns (one of my favorite blogs in the financial space) about why this is the best time in history to be a self-directed investor.
Two and half years ago in this space I published a post arguing that there had never been a better time to be an individual investor. To me the thesis seemed obvious on its face. However many commentors were skeptical about the prospects for investors in a post-financial crisis world. Unfortunately they missed out on what turned out to be a roughly 50% total return in the S&P 500 over that time period. The post wasn’t a market call, per se. The thesis would still be valid if the stock market been flat (or down) over that time period. All that being said today:
Check out the full post here:
What are your thoughts?