crashes cause years of stagnation
nobody got time for dat.
Bulls last 8.something years (on average) whereas bears last something like 1.7yrs.
May take a while to get back to the last peak but when buying at the bottom who cares?
Bulls last 8.something years (on average) whereas bears last something like 1.7yrs.
May take a while to get back to the last peak but when buying at the bottom who cares?
Dobby ..you must tell me your secret of being able to buy in at the bottom..I've being trying for 45 years .
Dobby ..you must tell me your secret of being able to buy in at the bottom..I've being trying for 45 years .
Context Hoop.
Was in relation to the thrust that I'd be happy for a real collapse as I have a significant (in relation to what I own now) investment to make.
It was suggested that a collapse causes years of stagnation - hence the stats on Bulls and Bears.
When buying after a 'collapse' you are buying at a significant low (maybe not the bottom but low) and it will get back to the last peaks - always has and always will.
Context Hoop.
Was in relation to the thrust that I'd be happy for a real collapse as I have a significant (in relation to what I own now) investment to make.
It was suggested that a collapse causes years of stagnation - hence the stats on Bulls and Bears.
When buying after a 'collapse' you are buying at a significant low (maybe not the bottom but low) and it will get back to the last peaks - always has and always will.
Yes very true Dobby..History agrees too.
My post was a tongue in cheek humour..probably for most it's was bad humour.
The interesting thing about the NZX50 is the amount of record highs being achieved and yet this news is being buried with the avalanche of hyped up (dramatic) negative media...hmmm maybe that's what is keeping the Bull market going..negative media suppressing investor exuberance and keeping some of us on the sidelines + the continuing fall of interest rates + moderate organic growth + high property prices giving home owners more spending power (high domestic economy activity)..
Another interesting thing seen on the chart (not shown) is the uptrend of this 11 year old NZX Bull...The last 4 years has been a constant uphill trend with 2 minor/medium BM corrections of 12% (2016) and 10% (2018)..In the long term scheme of things history says these minor BM corrections would not seem potent enough to keep the Bull Market going , but the Bull Market has defied these odds. To defy the odds even more, the last year has seen the uphill trend steepened and unbelievably has managed against the odds again to sustain this very steep uptrend...
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Originally Posted by peat
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