Now, if you think all charts behave the same way and believes that holding for the long term is a good strategy, look at these 2 two asset class - EURUSD (FOREX) vs SPX500 (INDEX FUND)
Using 22 June 20 as a guide, you would note that if you bought into EURUSD and do nothing till today, all your profits are evaporated! On the contrary, SPX 500 would yield you a very good returns despite the occasional ups and downs.
Now back to the question - what asset class should you invest in ?
In my opinion, unless you have the time and willing to put in the hours to learn day trading, it is better and safer to stick to index funds like SPX500. On the long term, it yields better. Most importantly, it offers you peace of mind and restful sleep.
Using 22 June 20 as a guide, you would note that if you bought into EURUSD and do nothing till today, all your profits are evaporated! On the contrary, SPX 500 would yield you a very good returns despite the occasional ups and downs.
Now back to the question - what asset class should you invest in ?
In my opinion, unless you have the time and willing to put in the hours to learn day trading, it is better and safer to stick to index funds like SPX500. On the long term, it yields better. Most importantly, it offers you peace of mind and restful sleep.