ElDiabloJoe |
04-09-2025 08:06 AM |
Here's why I'm not too bothered by all this volatility. The long game is to get the U.S. and its corporation productivity back on better footing. Sometimes you have to shake the box to get the items to resettle more favorably.
Between 2000 and 2010, the DJIA pretty much sat around and hovered at about 10,000 points. It was stagnant between Y2K bug fears and the great real estate bubble in 2008 with the technology bubble bursting in between.
10 years of nothing happening. Then between 2010 and 2020, it quadrupled to over 40,000 points. 45 or 46 at a high. We are still at around 36,000 points - still WAYYYY better off than we were just 20 years ago,
We have been up and down between low/mid 40's and high 30,000 points since the global COVID issue (scam or not is another topic). The last half-decade has been relatively stagnant at about 40,000 points (give or take 5,000).
So, if you have cash, if you are a dollar cost average contributor, just wait it out. You do NOT want to cash out now and miss out on the potential of quadrupling again in the next 10 years.
Let the big macro game play out and we will be better off as a country. China has to be taken to task and this imbalance resolved now while we can still do it. Too much longer and it will be a lost battle. It is a battle we MUST win.
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