Too many people have been trained to save 10% and attempt to earn a 10% return on that money. That approach has been leaving people well short of their retirement goals for decades now, and it’s only going to get worse in a post-COVID world.
So, stop looking at easy or automatic investments like mutual funds and shift your focus to investments that create cashflow from day one. Another note, protect the downside. Focus on risk management and mitigation.
Stop gambling with your money. If you don’t know how you benefit now and in the future, when it is a good time to get out and be in cash, or if you think high/risk=high/return, you are on the wrong side of the equation.
You are taking risk while others get a return. Instead, look to make money on the buy, create cash flow from day one and be patient. Rookie investors always stay invested, pros sit on the sidelines until the opportunities are right.