/biz/ - Business & Finance

>>57133391
>he fell for the “only up” meme
half of the last century was a crab market, and even worse than that when you consider that a stock worth $100 one year and still worth $100 15 years later has actually gone down when accounting for inflation.

>>57116133
>just buy and hold bro, the stock market ALWAYS GOES UP

>>55612511
literally half of the time

>the industrial revolution is going to change the world forever and lead to infinite growth, and that means stocks will never go down agai- ack!
>the post-war baby boom and globalization will change the world forever and lead to infinite growth, and that means stocks will never go down agai- ack!
>the internet will change the world forever and lead to infinite growth, and that means stocks will never go down agai- ack!
>AI will- ack!
half of the last century has seen a sideways stock market. boomers like Warren Buffet are not saying to buy and hold because the market always goes up, but rather because if you are DCAing in every month then you’ll end up buying the top but also buying the bottom, and you’ll end up making money in the long term. but it’s never been true that the market only goes up. it’s just not true that the market puts in a new ATH every year or two, forever. it does not. it regularly crashes and then takes one or two *decades* to recover to the previous high, and that’s just in nominal terms. when you adjust for inflation, SPY being at 200 in 2020 dollars is less than SPY being at 200 in 2000 dollars, for example.
I’m not saying “tomorrow is literally the top” or anything, and I’m not saying we won’t put in a new ATH this year or next, I’m just saying that the market will crash sooner or later, because it always does, and when that happens I don’t want to see a bunch of red wojacks and anons threatening to kys themselves because they actually thought the market always goes up and weren’t prepared for the inevitable but unpredictable downturn.
AI will almost certainly change the world, but that doesn’t mean the stock market will never go down again.