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Sure, but where are you going to find the combination of trust as well as the momentum of powerful interests combined upside risk appetite? There will be some
by dasil003 3y ago
Sure, but where are you going to find the combination of trust as well as the momentum of powerful interests combined upside risk appetite?
There will be some other winners out there for sure, but how do you pick 'em? And even if you fully believe America has peaked and is now in structural decline, where do you place your long-term bets? The markets can stay irrational longer than you can stay solvent, as the saying goes.
- bobthepanda 3y agoIt also is not quite obvious which stock market is better. The Chinese economy has been strong but generally that has not reflected in the major indexes (Shanghai Composite, Hang Seng) and they whipsaw a lot.
- eru 3y agoIf you could only invest in one country's stock market, investing in the US is perhaps best. But you (most likely) don't have that restriction. Just buy a global index fund and benefit from diversification. No need to try to figure out which stock market (if any) is best. > The Chinese economy has been strong but generally that has not reflected in the major indexes (Shanghai Composite, Hang Seng) and they whipsaw a lot. That insight goes in the other direction as well: just because some country's eg demographics might be bad, doesn't mean her stock market is necessarily a bad bet. The demographic challenges might already be priced in.
- eru 3y ago> There will be some other winners out there for sure, but how do you pick 'em? You don't. You buy a global index fund. > And even if you fully believe America has peaked and is now in structural decline, where do you place your long-term bets? I have no definite opinions on the subject. I assume everything some armchair investor like me (or probably you) knows, is already priced in three times over.