3 ms·
> Guaranteed risk free If you invested 2 months ago, you are down 20%. It is definitely not risk free. > It's no coincidence that the stock market started to
by mrep 7y ago
> Guaranteed risk free
If you invested 2 months ago, you are down 20%. It is definitely not risk free.
> It's no coincidence that the stock market started to really pick up, and monopolies started to form at around the same time as the gold standard was abolished.
Annualized DJIA Returns with Dividends Reinvested from 1897 to 1970 was 9.536% [0].
[0]: https://dqydj.com/dow-jones-return-calculator/ https://dqydj.com/dow-jones-return-calculator/
- cryptica 7y agoI said 10% average per year is risk free. If it collapses and never recovers for 50 years, then I'll agree with you but we both know that's not going to happen. It's not going to happen precisely because the system is a scam and in reality there is no risk. The only real long term risk to stock prices is total societal collapse. If the government keeps bailing out inefficient corporations, eventually they will get exactly that. Now there are many less painful options available, but by constantly brushing them under the carpet, the government and the fed are making total socio-economic collapse an increasingly appealing option to solve our systemic problems. They could just try to solve the problems now, but instead they prefer to let the tension build... Just like it did before WW2.