Can You Make Money If You Knew The Future?
Imagine you had a time-machine. You went back to 2019 with the knowledge you have today — that there would be a global pandemic and Pfizer would be the leading vaccine manufacturer worldwide with revenues of over $70 billion in 2021-22. You’d imagine that Pfizer would be a big buy! Especially 4 years ago.
But as the future unfolds — well, the numbers tell a different story.
Since 2019, Pfizer stock had a loss of -4.15%, while global markets went on to return +63.94% over that same period of time. Knowing which winning stock to buy isn’t enough, you’d also need to know when to enter and exit. Trying to pick stocks that can outperform the market is extremely difficult, even if you were armed with knowledge of the future.
The next time investment advisers pitch you the next “mega-trend” investment, remember that catching the right trend does not guarantee a good investment outcome.
In the same way that you would rely on professionals such as doctors, lawyers and accountants, investors can benefit greatly by working with a professional investment adviser with a proven track record.
If you would like to know how you can invest with a peace of mind and increase your probability of success, click here to schedule an exploratory chat with us. (Complimentary 30-minute session).