Instead of asking if there’s a market bubble, ask a different question: Who cares?

All the chatter about financial markets these days inevitably converges on the same question: Are we in a bubble?

The bears say yes, pointing to inflated U.S. stock valuations that invite comparisons to the dot-com bubble. From the Great Depression to Black Monday to the COVID-19 pandemic, our hapless investor is there to put his nest egg on the line the very day the market peaks, just before disaster strikes. “The truly miraculous returns include all the bad stuff that’s taken place over the decades,” he wrote. “In the stock market, time heals all wounds.”

It’s hard to imagine a worse starting point to invest than the peak of the dot-com bubble in 2000. But money invested in the TSX on that day would have returned 6 per cent a year up to now. American stocks would have got you 8 per cent a year.

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

Should retirees buy dividend stocks instead of bonds?More specifically, should retirees who need a steady source of investment income hold dividend stocks instead of long-term government bonds?
แหล่ง: globebusiness - 🏆 31. / 66 อ่านเพิ่มเติม »