2 ms·
Many people are telling you that these are all fake show offs, but here are the facts: 1. We had one of the longest bull runs in stock market history. Even a m
by runawaybottle 5y ago
Many people are telling you that these are all fake show offs, but here are the facts:
1. We had one of the longest bull runs in stock market history. Even a modest investment in something like Facebook at it’s initial price of $15 dollars around 2009 would have netted you hundreds of thousands by now.
2. The pandemic dip was an insane buying opportunity. If you just parked some money in the SPY around the lockdowns you would have doubled your money (I’m talking in just one year, not 10 years).
3. Tech industry just exploded, the whole world relies on it. The jobs and opportunities just amassed.
4. The financial collapse pretty much made it so anyone and their mother could get a home mortgage loan with literally no interest.
So yeah, it did really happen for a lot of people. If anything, what you are witnessing now could be the tail end.
But, to remain optimistic, if we look at things purely based on eye balling numbers, the world population that is not totally connected into the Internet, and have not even begun American-level consumerism is still a pretty high number. We haven’t actually gotten everyone to buy apps, and sit around and watch Netflix. Just based on that fact alone you can somewhat infer that there’s way more growth ahead.