Chiming in with counter point...
It was easy to feel as though the system is rigged in 2008-09, and in 2020-22. Stocks dropped seemingly arbitrarily (to the lay person), and while some companies and people received assistance during those times, many others did not. The idea that stocks are always the answer has been proposed and rejected in numerous previous threads. Sure, they're right for me as a middle aged gainfully employed person with a long time horizon, no pension, income in excess of monthly obligations, and no real fear of unemployment, but that's not everyone's situation. That might not even be most people's situation. There's no need to frame it as somehow wrong-headed that someone is skeptical of the market (any market).
Of course, this entire forum, website, and the efforts of Bogle, Benjamin Graham and countless others demonstrate with the results the success that is possible. It's just not quite right to consider results guaranteed.
Ok, hopping off soap box now...
It was easy to feel as though the system is rigged in 2008-09, and in 2020-22. Stocks dropped seemingly arbitrarily (to the lay person), and while some companies and people received assistance during those times, many others did not. The idea that stocks are always the answer has been proposed and rejected in numerous previous threads. Sure, they're right for me as a middle aged gainfully employed person with a long time horizon, no pension, income in excess of monthly obligations, and no real fear of unemployment, but that's not everyone's situation. That might not even be most people's situation. There's no need to frame it as somehow wrong-headed that someone is skeptical of the market (any market).
Of course, this entire forum, website, and the efforts of Bogle, Benjamin Graham and countless others demonstrate with the results the success that is possible. It's just not quite right to consider results guaranteed.
Ok, hopping off soap box now...
Statistics: Posted by one_speed — Thu Mar 07, 2024 4:21 pm — Replies 73 — Views 3238