When it comes to investing, we’ve been lied to for nearly a century. We’ve been told that if we take the investment path that’s “tried and true,” we’ll be able to retire comfortably, right on time.
Several weeks ago, I caught a game with some buddies at Yankee Stadium. After buying tickets, some BBQ from Brother Jimmy’s, and a few rounds of Buds, we spent about $100 each.
When it comes to investing, we’ve been lied to for nearly a century: We’ve been told that there are only a few different ways to invest… And we’ve been told that if we take the path that’s “tried and true,” we’ll be able to retire comfortably, right on time.
From June 2014 to June 2015, the biotechnology sector was on fire… In just 12 months, the NASDAQ Biotech Index (NBI) soared by 53%. The next year, however, wasn’t nearly as lucrative: From June 2015 up until today, the NBI plummeted by about 25%.