Last night, the US stock market surged significantly, recovering the losses from Panic Monday two weeks ago.
Come back with a vengeance!
Those who didn’t panic and bought during that week are indeed fortunate.
That’s the power of the Nasdaq 100.
But did you know, that in 1986, 1 oz of gold was valued at $368?
After 38 years, its price is $2,542. - A sevenfold increase! Amazing!!
This means if you bought 1 oz of gold at $1,000, today it would be worth $7,000.
However, if you diversified and bought the Nasdaq 100 index,
in 1986, the Nasdaq 100 was at 367 points, almost the same as the price of gold.
But yesterday, the Nasdaq 100 index was at 19,766 points.
A 54-fold increase!!
If you bought a financial instrument tracking the Nasdaq 100 for $1,000 in 1986, your investment might now be worth $54,000!
Would you prefer $7,000 or $54,000?
That’s why you need to learn to diversify your investments.
I hope this is beneficial and happy investing in both financial instruments❗️