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Buying and holding is "playing". It's the belief that markets fundamentally go up long term, which is a healthy and reasonable assumption, for if nobody could e
by JMTQp8lwXL 7y ago
Buying and holding is "playing". It's the belief that markets fundamentally go up long term, which is a healthy and reasonable assumption, for if nobody could ever get a positive return, the rationale for the existence of markets ceases to exist.
- segmondy 7y agoBut that logic is flawed, see Japanese market. NIKKEI 225 Index, Was 34k in 1990, still 20+k and hasn't recovered after 30 years. There's nothing preventing that from happening to the US market.
- JMTQp8lwXL 7y agoPeople don't usually invest their entire life assets at a singular point in time. Share purchases are made per paycheck (e.g., 401k) over a working career. In practice, no retail investor experienced what you described.