4 ms·
Stocks are, generally, fairly speculative. If they weren't, everyone would invest in stocks. The person this article imagined had an unfair advantage- he knew t
by REALLYHUGENEKO 16y ago
Stocks are, generally, fairly speculative. If they weren't, everyone would invest in stocks. The person this article imagined had an unfair advantage- he knew that the decades upcoming would see stock upturns, so stocks were not as speculative. Still, stocks just need to beat the rate of inflation. I can easily see them doing that after they've fallen so much.
- Unseelie 16y agoA diversified stock portfolio is betting on economic growth. The economy has grown consistently for the last six hundred years.
- _delirium 16y agoWell, it's betting on some other factors as well, like the portion of the growth that publicly held firms will capture (versus more of the growth going to new startups or privately held firms). A stock portfolio is by necessity non-diversified on that measure, though large investors can diversify by putting money into VC, angel, and private-equity funds, among other things. It's probably also geographically non-diversified, since some of the fastest-growing markets are hard to buy into (e.g. China is very picky about what kinds of shares it lets foreign investors buy).
- chopsueyar 16y agoSo what stocks have you been trading since 1410AD?
- chopsueyar 16y agoI think you would be surprised at the number of people who own stocks, either through a retirement account (401k, Roth), or a brokerage account. They may not own many shares, but they are invested in stocks.
- gnaritas 16y agoI think you'd be surprised at the number of people who don't own stocks and don't even have a 401k or any other type of retirement plan, and I bet they outnumber those who do.