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> Investing works mostly because of the current trend of artificially propping up the stock market. This belief could cost you a lot of money.
by encoderer 8y ago
> Investing works mostly because of the current trend of artificially propping up the stock market.
This belief could cost you a lot of money.
- mistermann 8y agoAt this current point in time, you are both correct. It's gotten to the point where I'm genuinely starting to wonder if this state might be permanent, even though it's theoretically "impossible" because there will "always" be a reversion to the mean.
- falcolas 8y agoYeah. It's gone on long enough that I'm wondering the exact same thing. Of course, if it doesn't, that return to mean is going to be a real bitch to ride out.
- encoderer 8y agoWhat mean exactly? Companies are more profitable than x years ago, our economy is bigger, etc. The mean you think exists perhaps doesn’t?
- eanzenberg 8y agoDont feed the trolls..this is their plan and they’ll be back in the future to tax the winners.
- mistermann 8y agoPrinting money can achieve both of those, but it isn't necessarily sustainable. When I was younger, I would have said it isn't sustainable, but now I'm not so sure.
- y4mi 8y agoit can also save him from wasting even more.
- frockington 8y agoJust like there "could" be dinosaurs living underneath the earth's crust plotting for revenge against all mamals
- falcolas 8y agoI, within the last decade, watched a housing boom in my hometown go bust. I watched hundreds of houses stay vacant for many years. And it wasn't just houses going vacant, it was even many more houses being vacated because they were bought by people who built houses. Watching something that once was a "sure bet" go bust is very humbling. Watching those speculators go bankrupt by the hundreds is very sad. It made me realize that this particular dinosaur could be very real.
- dpark 8y agoLong term investment isn’t speculation. That’s why we call it investment. Yeah, if you are dumping money into a bubble hoping to cash out at the top, you are taking a major risk. If you’re investing long term in an asset with literally centuries of history of growth, then you’re probably going to be okay. And realistically, what’s the alternative? I guess government bonds?
- frockington 8y agoWaiting for the "Treasury Notes are assuming the government will still exist 10 years from now" from people who apparently hoard cash in 1.2% Ally Savings Accounts
- Willson50 8y agoIt's 1.6% now /s