I could sit here and tell you about an investment conspiracy theory which the government is, or isn't, letting ordinary investors, like you and I, know about.
But, given their recent decisions, it seems even they don't know about this TOP SECRET investment strategy…
You see, even they're focused on the here-and-now and have forgotten about what appears to be the best way anyone can become rich. More on that below…
But first, consider this.
The Australian stockmarket has achieved an average annual return of 12% over the past 114 years.
Hiding in plain sight…
With a narrower timeframe, hypothetically, let's just say you bought five stocks with $10,000 only 20 years ago and achieved the market's average return since then.
Your money is now worth $96,432.
But the best thing is, it has cost you next to nothing to do it!
I'm not done yet
For longer than I can remember, financial commentators and institutions all over the world have been declaring that "buy and hold investing is dead" or, a personal favourite: "This supercomputer will change everything."
To date, I'm yet to see either of these things come true.
However if the supercomputer does come into existence, I hope I get the chance to buy shares in the company which makes it, before they do take over the world!
Until then, your stockbroker will continue to encourage you to get on your smartphone or PC and trade stocks frequently. Obviously, they make money from every transaction you make!
A long-term investment strategy could be your ticket to financial freedom!
In the past five years Commonwealth Bank of Australia (ASX: CBA), Telstra Corporation Ltd (ASX: TLS) and CSL Limited (ASX: CSL) have smashed the 36% return of the S&P/ASX200 Index (ASX: XJO) (INDEXASX: XJO) and are paying out great dividends to long-term shareholders.
According to the government's Smartmoney website, all you need to do to become a millionaire in 20 years is invest $10,000 up front, save $1,100 per month and achieve an average annual return of 12%.
