Time is usually the number one contributor to financial success when it comes to investing. Over the short-term, it is nearly impossible to predict whether the financial markets or world economies will go up, down, or even sideways. Historically, indices have gone up more often, especially over rolling periods of time.
Examples of rolling periods of three years would be 2018, 2019, and 2020, as well as 2019, 2020, and 2021. We must realize that markets can be very volatile over the course of a single year, certainly less over a three year rolling period, and even less over a five year or ten year rolling period.
in the market is likely to be key to your investment success! Your long-term goals will vary depending on your age and financial situation, so make sure to contact your adviser for guidance.