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> If you bet against America, you will always lose in the long run. In the short run, if you can time it (which no one can, that is why I have see “Dalio” warni
by toomuchtodo 1mo ago
> If you bet against America, you will always lose in the long run. In the short run, if you can time it (which no one can, that is why I have see “Dalio” warnings in my Apple News “front page” for 1/2 a decade now) you may score some points in the short run. In the long run, you will always lose, period
You are betting on history and hope, not data. Past performance is no guarantee of future results. How you justify your investment thesis is up to you.
- bdangubic 1mo agoThe most sound finacial advice for all Americans has always been “buy S&P 500 and forget about it” for 200 years. There have been a lot bigger things then “5% bond yield” (see like 1920’s) :) It’ll all be fine cause it always is in the long run. Dooms-dayerism is good for clickbaits, not otherwise
- toomuchtodo 1mo agoListen to the first seven minutes. https://pca.st/episode/f18bb602-e179-46e4-adc6-70bf6642725f https://pca.st/episode/f18bb602-e179-46e4-adc6-70bf6642725f