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This is mostly a reaction to the Bank of Japan raising interest rates to prop up the weak yen. Overall, the Nikkei is now back to where it was in October 2023,
by teractiveodular 2y ago
This is mostly a reaction to the Bank of Japan raising interest rates to prop up the weak yen. Overall, the Nikkei is now back to where it was in October 2023, and still up almost 100% compared to its COVID lows in March 2020.
- listenallyall 2y ago...but also down about 20% from 1989 peak. Imagine holding stocks for 35 years and being in the red.
- quink 2y agoThat’s why you DCA and diversify… and don’t forget to account for distributions.
- listenallyall 2y agoDCA would just be throwing good money after bad. The Nikkei didn't crash hard then quickly start rising, it continued to lose value for 20 years.
- teractiveodular 2y agoAll things considered, time in market beats timing the market. The speculative bubble in Japan was of historic proportions and so is the stagnation that followed. Good thing there's no speculative bubbles at all in the world today (/me casts nervous glance at housing prices and AI)
- quink 2y agoStock exchange known for going sideways near where it was a year ago. Sounds like global discount season to me.