I read this article on the Chinese economy recently: http://www.bbc.com/news/business-35693794
Nothing new right, we’ve known for a while that the Chinese economy has been struggling, but now I’m a little worried about my own financial independence goals. As much as some people want to believe a weak Chinese economy isn’t good for America, or Americans for that matter. Stock prices worldwide will be affected long-term by a slowing China. Right now the majority of my money is in index funds ( Vanguard), and my investment income has average 8% (Long term). With a slowing china and global economy I wonder if 8% returns will be a realistic figure in 10-20 years. I hope so, but i have my doubts.
What do you think about a slowing Chinese economy? Think the days of 8%+ average returns over the long haul are gone, or do you think thing’s will be fine?
Let me know in the comments below.