Three Delusions: Paper Wealth, a Booming Economy, and Bitcoin

Re:Three Delusions: Paper Wealth, a Booming Economy, and Bit... by jjeaff on Friday December 22, 2017 @05:04PM (#15991281)

Seeing as the market always recovers and then some, you are going to need to make very, very good returns in the downturns to make up for all the list potential on the upside.

In other words, the overall return of the markets over their entire lifetime is positive, not negative.

It would be great to ride the bull and then switch to the bear in a down market. But that would require timing the market.

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Re:Three Delusions: Paper Wealth, a Booming Economy, and Bit... by BadCookie on Saturday December 23, 2017 @12:12AM (#15993031)

The market always recovers? Japan must not have gotten the memo. Or is the U.S. too special to ever have the same problems as Japan?

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Re:Three Delusions: Paper Wealth, a Booming Economy, and Bit... by jjeaff on Tuesday December 26, 2017 @05:13PM (#16011379)

By "the market", I was referring to the US Markets. We have a few hundred years of history of always recovering. Japan is the special case though. Small and landlocked, rather xenophobic with an aging population. Things that could happen in the US, but the US is just a completely different, and much larger animal.

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