Oct 2020
Of all the money invested in the world, the largest three categories of investments are stocks, fixed-income investments (like bonds and savings accounts), and real estate. Everything else, including gold, jewelry, fine art and various collectibles, amounts to small potatoes and has not historically produced decent returns. In today’s very low interest rate environment, many fixed-income investments will likely return less than the rate of inflation, so this leaves stocks and real estate for those seeking long-term real growth. … Yes, stocks and real estate prices have always been volatile, but it’s this volatility that investors historically have been well compensated to shoulder.