
What does the current stock market environment mean for investors?
With the stock market constantly shifting, looking at the long-term is better than the day-to-day returns, according to Clinical Associate Professor of Finance Geoffrey Smith.
With the stock market constantly shifting, looking at the long-term is better than the day-to-day returns, according to Clinical Associate Professor of Finance Geoffrey Smith.
In this story aired May 17, 2021, on ABC15:
There is a difference between investing, which is ... planning for the long-term and knowing that you're probably going to have more after 20 years. And then there's speculating, which is trying to make a gambling profit, which ... we don't usually recommend that.
– Geoffrey Smith, clinical associate professor of finance
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