3 ms·
Looks like it's time for the first real-world test (for most of us younger folks who didn't have anything invested in 2008 and have enjoyed a bull market since
by joshuahedlund 11y ago
Looks like it's time for the first real-world test (for most of us younger folks who didn't have anything invested in 2008 and have enjoyed a bull market since then) of all the theories I've read from financial independence gurus about index funds, i.e. how the market always recovers and goes up and if it doesn't none of this will matter anyway, the financial heads will always say it's different, the investors will always panic and oversell, just stay tough, hold on, maybe buy more, and come out ahead...
- jeffreyrogers 11y agoChina's market is very different than the markets in the developed world for a number of reasons (more isolated, less mature investor base, more direct government involvement, to name a few). So it probably isn't the best barometer for how other markets work.
- roymurdock 11y agoThe stock market operates differently, but China's economy, which is an integral part of the world economy, is still tied directly to the market. Chinese economic fundamentals (export, import, saving, consuming, government spending) will all be impacted by a failing stock market, which will translate into economic concerns across the globe.