Geopolitical events and earnings reports drive long-term investment returns, right?
Think again.
Global occurrences like the Cuban Missile Crisis and Iraq War have only resulted in short-term changes for the market, and not the long-term effects that investors might have imagined. (1)
This is just one of several key factors that don’t play a role in your long-term returns (or as much as one might think). But most investors still overvalue the importance of these political occurrences on long-term returns. So what then?
What’s the most reliable social media platform? Your answer probably varies from what your parents or (adult) children would say. (1)
And actually, there’s no real consensus. Many of us turn to Reddit, YouTube, or TikTok to learn about money, yet we know influencers and advertisements don’t always speak the truth. Surprisingly, that doesn’t stop us from buying in to the financial advice we find on those platforms. (1)
