In the long term, things make sense.
Example. If interest rates are low, prices of things tend to end up higher in a middle to long term.
In the short term, however, anything goes. Markets could go up, or down, there's no real rationale behind it, besides traders having their fun.
If Governments print money to inject into the market. Their currencies WILL devalue. This is what happened to the USD and EUR. HOWEVER, no one knows if the Governments will remove the injected funds from the economy in the future to raise the value of their currency again.
Markets may crash... You may wait for a good opportunity to buy. HOWEVER, Governments can step in and prevent the crash, by bailouts, injecting more funds, etc...
So... you COULD be right... but you could also lose money or lose an opportunity.
The problem is uncertainty upon uncertainty.
Markets are uncertain and Government policy are uncertain. Elections are uncertain and a particular government could mess up a whole country in just a short period of time.
After 14 years... The only thing I know is that markets will tend to go up in the long run.
One could put some effort to analyze stocks and make good money in the short and middle term.
Alternatively for most people, the best idea is to buy a bunch of index trackers close your eyes and go to sleep for 30 years and wake up rich.
I've been alive for 37 years. I've watched the Asian Crisis in 1998, SARS in around 2002, Great Recession in 2008, probably some earlier than 1998 which I wasn't aware of. In a span of 22 years, so much has happened.
And in another 20 years, even more will happen.
I find, the easiest way to sleep well and be prepared for the future is to just get a bunch of diversified index trackers, get good insurance coverage, work a fairly simple job, be frugal and live within my means.
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