When we were young investing just meant putting money in the bank. If you were lucky you got to keep it there. Then as you got older saving became a lot more important, if you were lucky to be able to save anything. We learned that over a 30 year period that ten thousand dollar savings you had would probably be worth just under one hundred thousand dollars. If your investment return was above 7%, which was a fairly real projection. Then the economy tanked and return of investments dropped 50% in the last recession. It did not feel very good. The lost monies were real if your needed it then. Now the stock market is up and above where it was at the start of the recession but continues to move all over the place. Being nervous about your future financial stability is a real concern for almost everyone.
So now that the market and property prices are back up what do you do? Assuming you have saved for your future then you need to make some choices. How do you invest in the future to maximize your retirement and emergency funds? Do social equality / justice and climate stabilization enter into your considerations? Are the higher returns from some industries worth the on-going investments you have been making for the future of the country? Do you have a responsibility to the person at the bottom of the income ladder or are you hoping the guy at the top of the ladder will take care of you? These are just a few considerations you need to make. If you do not make a conscious choice you have still made it by ignoring the issues. What do the issues mean to you? Our capitalistic system is very good and is held as the current economic yardstick for the world. It must be working. Look at the stock market it is flying. But wait. Only a small part of our society is really taking part in it. That would be the 1%er for sure and a smaller part of the middle class. But it is not the majority of our citizens. We need to be able to invest in our financial futures so most of our people have a safe and comfortable future.