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Reply to "Why is the stock market crashing, the dumb fed hasn't said anything "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I don't get the hand wringing over the stock market. Unless you are retiring soon, this seems to me to be a golden opportunity to buy shares at a discount. Do you really believe that the stock market is never going to rebound? [b] Biden won't be POTUS forever.[/b][/quote] You know this doesn't have anything to do with Biden. I'm not sure the market is 'discounted' but in general it's good to keep buying. I think the problem are for the people who stretched thin and use the market for quick influxes of cash they need and assumed it just keeps growing.[/quote] Yes, I was being sarcastic. I know it's not Biden's fault, but the POTUS always gets blamed. So putting that aside, Do people really believe that just because their 401k is down - as is mine - that the market will never bounce back?[/quote] It could be a long wait before the market “bounces back.” Look at the 2000-2010 period for a decade of lost returns.[/quote] Small caps, mid caps and foreign stocks did OK during this time actually. So if you were all in the DOW, then sure, you had a decade of no returns. Sectors may go through long dry spells but thats why you diversify. [/quote]
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