Re:Workers quit jobs in droves to become their own bosses
by wayoutthere on Monday November 29, 2021 @10:10PM
(#29388490)
Why chase 30% Y/Y gains when you can chase 300%? At least until these late days of summer are over…
Re:Workers quit jobs in droves to become their own bosses
by maerF0x0 on Tuesday November 30, 2021 @12:01PM
(#29394351)
> Returns of broad market index funds like SPY
I believe that in short and due time we'll find that much of those returns were 1) non-real due to inflation, 2) will crash back to historical means when we return to less strange monetary policies (such as non-zero interest, and selling at the end of QE), and possibly an effect from retirement/inheritances of baby boomers
Only time can know if I'll be right or not. I actually have a bit of a hypothesis that cryptocurrencies like BTC isn't actually productive right now, it's just wealth preserving and looks like it's "exploding" only because it's relative to a inflationary fiat currency.
Returns of broad market index funds like SPY are not considered OK now? Am I living in an alternate reality?