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Money and Finances
Reply to "2001, 2008, or 2022"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]2022 is going to make 2008 look like a walk in the park. They should have just let it run in 2020 to flush out the excesses, but now everything has inflated to an even bigger bubble.. It's just going to be much much more pain ultimately because we're all screwed no matter what they do. [/quote] LOL You think the global financial system may be days away from failing? Ok..[/quote] +1 Some folks here sound like novices who just started in on this game. Sit back guys, relax, it will all be OK in the end. Even after the 1929 crash the average investor recovered after 5 years. Building wealth is a marathon, not a sprint. There are no short cuts (there is LUCK, but only for a few). Play the long game.[/quote] Try again. An investor buying at the highs in 1929 did not recover those investments until ~1955. https://stockcharts.com/freecharts/historical/fundamentals.html[/quote]
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