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