I’ve posted Podcast #198 to the “RobCasts” section of the site. It’s called Young Investors Have Been Hurt the Most.
Our sympathies obviously go to the millions of retirees likely to suffer failed retirements as a result of the demonstrably false claims made in the Old School retirement studies that have not been corrected for nearly eight years now. Still, an argument can be made that the continued promotion of Buy-and-Hold has done even greater harm to young investors, who will be experiencing not only big drops in their portfolio values but the loss of decades of compounding returns that they would have enjoyed on those amounts had they been able to gain access to realistic guidance on how stock investing works in the real world.
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