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The index will come back. SP500/QQQ.
by ddorian43 4y ago
The index will come back. SP500/QQQ.
- School-Cotton 4y ago> The index will come back How do you know?
- phillipcarter 4y agoThey don't, but it's probably a decent estimate. This could also mark the fall of the USA, the entire world economy, and life as we know it on the planet. But I'd like to think that enough people are incentivized to not have any of that happen that it's a better bet to buy some stocks when they're low.
- dahfizz 4y agoIf the broad indices are down in the long term, then we are in an economic/society collapse scenario where small optimizations in investing strategy becomes completely meaningless.
- School-Cotton 4y agoJapan's broad index was down for thirty years: https://www.theguardian.com/world/2019/dec/28/how-japan-has-fared-in-30-years-since-the-stock-market-bubble-burst https://www.theguardian.com/world/2019/dec/28/how-japan-has-... They continued being a highly-developed country throughout that period, with nothing that can be described as a "society collapse scenario".
- orev 4y agoThey don’t. But the typical response when you point this out is something like “if it doesn’t, then we have much bigger problems to worry about”, and then the conversation stops there. Nobody has a plan for this, or even seems to consider it, just like the “fact” that real estate could never go down (proven wrong in the last recession). That’s the point where joining a prepper group becomes the correct response, or at least a good hedge.