1 Aug 2024
This article is for informational purposes only.
Most of us are aware of Warren Buffett’s incredible investment success and put this down to his ability to outperform the market by a wide margin. While this is undoubtedly true, one key factor in his favour is that he started investing when he was 14 years old. Over 99% of Buffett’s wealth was generated after his 50th birthday. Our brains are wired to think linearly, and while we theoretically understand the power of compounding, we struggle to appreciate its power.
Let’s uncover an intriguing market phenomenon. History reveals that significant market drops are often followed by substantial rebounds. Therefore, panic selling during periods of declines and heightened volatility can significantly erode long-term returns. Over the past 50 years, the S&P 500 has yielded over 54 times its cumulative return. However, if you had exited the market and missed the 10 best trading days, your cumulative return would have dropped to 23 times. Missing the 20 best days would have further reduced your returns to just 13 times.
A multi-asset portfolio that creates stable income can help improve the capability of staying invested. Do you wish to earn interest while exploring long-term wealth growth?
Generate stable returns for your idle cash by investing into Money Market Funds. With minimum investment as low as HK$1,000, you can enjoy investment return in line with market interest rate effortlessly. Its low volatility helps maintain relatively lower risk in an unstable investment environment, with flexibility to subscribe or redeem anytime. New investment fund clients can enjoy 0% online subscription fee when invest in Money Market Funds now!
Check out our list of Money Market Funds available on Fund Library:
Fund Code | Fund Name |
UT3375 | JPM USD Money Market VNAV A (USD) (Acc) |
UT1879 | Franklin USD Short-Term Money Market Fund A(USD)(M Unit Dis) |
UT1390 | BGF US Dollar Reserve A2 (USD) |
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If you do not currently have an Investment Fund Account, follow the 4 easy steps to start investing now: