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> some might even say now inorder to get an ok return one needs to chase risk further with things like ARKK tech stocks and cryptocurrencies. Returns of broad

• wayoutthere 5y ago
  Why chase 30% Y/Y gains when you can chase 300%? At least until these late days of summer are over…
• maerF0x0 5y ago
  > Returns of broad market index funds like SPY I believe that in short and due time we'll find that much of those returns were 1) non-real due to inflation, 2) will crash back to historical means when we return to less strange monetary policies (such as non-zero interest, and selling at the end of QE), and possibly an effect from retirement/inheritances of baby boomers Only time can know if I'll be right or not. I actually have a bit of a hypothesis that cryptocurrencies like BTC isn't actually productive right now, it's just wealth preserving and looks like it's "exploding" only because it's relative to a inflationary fiat currency.