The stock market is fine for many people. There are millions of sheep “investing” via deductions from every paycheck, because it’s what they have been told is the right thing to do. It’s mindless.
The govt is behind this propaganda, wanting to create an alternative to SSI. I don’t think it will be long before minimum drawing age will be 70, proving that 70 IS the new 62.
Unless you are lucky enough to ride a rocketship, (which most people aren’t) the stock market is simply based on the greater fool theory, similar to housing except that while virtually ALL homes have gone up over long periods of time,
ALL stocks have NOT gone up over time.
I also don’t believe that 100% invested in stocks can compete with 20% invested in real estate and the return from leverage on the 20%.
