Subject: Re: OT - advice for my son
The S&P500 has obviously been on a spectacular long term run and the most obvious simple way one should have invested. But there is a lot of evidence it has been too obvious and at this point is overdue for a correction. Maybe not any time soon but sooner or later.
One interesting argument for diversification not only from the S&P500 but to include other countries than the US which has also been on a run.
A European financial advisor on youtube for a different perspective:
Don't Invest in the S&P 500. Especially if you're retired. (108-year backtest results)
https://www.youtube.com/watch?...