The Wall Street Journal

Dumb money? Everyday investors do just fine

Dumb money? Everyday investors do just fine
(Image: Getty)
The Wall Street Journal
By Hannah MiaoJeff Beckman knew he wouldn’t get rich working at a nonprofit, so he invested in the stock market.For nearly four decades, Beckman has steadily contributed to an employer-sponsored retirement plan allocated almost entirely to stock funds. He also bought shares of Apple, Berkshire Hathaway and Meta Platforms through a brokerage account. Now, the 63-year-old’s portfolio is worth roughly US$1 million (NZ$1.7m) – and he has no plans to sell his stocks or rotate toward safer assets, such as bonds, anytime soon.&l...

More World

Are Americans in the mood for more Trump?
World Opinion

Are Americans in the mood for more Trump?

Voters think things are out of control. He will reassure some and terrify others.

One US supreme court case could mess up chunks of the tax code
World

One US supreme court case could mess up chunks of the tax code

Justices will debate the meaning of ‘income’ under the 16th US Amendment.

Why is everyone so unhappy at work right now?
World

Why is everyone so unhappy at work right now?

US employees are more dissatisfied than they were in the thick of the pandemic.

Volunteers flock to Israel to fill jobs made vacant by conflict
World

Volunteers flock to Israel to fill jobs made vacant by conflict

Airline passengers speak of filling voids caused by the war with Hamas.