And if I’m wrong and everyone is actually doing it, how is it sustainable in the long run? I mean, we can’t all be millionaires.
And if I’m wrong and everyone is actually doing it, how is it sustainable in the long run? I mean, we can’t all be millionaires.
This is particularly concerning to me with most of the wealth belonging to generations that are now retiring and selling off their stocks to fund their retirement.
That + climate change + authoritarian/strong man government’s looking more likely makes me nervous about the long term stock market.
I guess that’s not new though.
The PE ratio is 30 currently which feels high…