What’s the best kind of stock market for a new investor? Most people assume you want years of rising prices. But Andrew Clare, who’s spent decades researching investing, says that’s not always true. Here’s the paper we discuss: https://doi.org/10.3905/jor.2025.1.180 🤝 Want 1:1 financial help from us? Answer a few questions to find the right service & book free call: https://getmost.typeform.com/pod-episodes 🎉 Sponsors Vanta - Get your company secure and compliant: ⁠https://vanta.com/makingmoney Xero accountancy software - get 90% off for 6 months: https://referrals.xero.com/makingmoney - If you purchase a product or service using one of the links above, we may receive a commission. There will be no additional charge for you. Remember investments can fall and rise - and past performance is no guarantee of future results. Other fees may apply. Your money is at risk. This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life. Andrew's book 'The Old Lady': https://amzn.eu/d/04k9AsrO Chapters: 00:00 - ‘Perfect’ Contribution Rate 05:02 - Economic Growth 09:54 - Stock Market Crashes Are Good 13:32 - Xero Ad 14:45 - If You’re In A Bad Market 17:22 - How Long Do Crashes Last? 22:54 Vanta Ad 24:05- What Market Will You Get? 29:20 - Sequence Risk 35:35 - Is An Annuity The Right Option For You? 43:54 - Are Monte Carlo Simulations Wrong?