931
MIX 4.00 cents - LDT: 14 Feb 2023
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932
Off topic / Re: Trading vs. Investing
« on: January 25, 2023, 01:39:36 am »
Good to hear from you again Bevan. I'm hiding out in the northern adriatic at the moment 
The stock market always goes up, except when it doesn't
I'm not concerned about the sideways and downward times, personally I'm convinced it'll start climbing again soon. I've read some estimates that AI is going to give global GDP a multiple percentage boost in the near future too, and given how much I've seen it advancing lately I can believe it.
But even if it doesn't anytime soon, I'd still much rather have my money in the market than in property/cash/buffalos/gold/bitcoin or tulips. And definitely not in boats, they seem to offer endless ways of evaporating both cash and time.
But then there's the upside, as Ratty said to Mole in The Wind in the Willows, “Believe me my young friend, there is nothing – absolutely nothing – half so much worth doing as simply messing about in boats.”
The stock market always goes up, except when it doesn't
I'm not concerned about the sideways and downward times, personally I'm convinced it'll start climbing again soon. I've read some estimates that AI is going to give global GDP a multiple percentage boost in the near future too, and given how much I've seen it advancing lately I can believe it.
But even if it doesn't anytime soon, I'd still much rather have my money in the market than in property/cash/buffalos/gold/bitcoin or tulips. And definitely not in boats, they seem to offer endless ways of evaporating both cash and time.
But then there's the upside, as Ratty said to Mole in The Wind in the Willows, “Believe me my young friend, there is nothing – absolutely nothing – half so much worth doing as simply messing about in boats.”