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/biz/ - Business & Finance

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>> No.57787878 [View]
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57787878

>>57787776
The idea of selling stock in this environment has been virtually eradicated.
Name one incentive for anybody to sell their holdings.
What are you going to do with "cash"?
>settle debt?
not when you gain double digit % gains per week
>buy a house?
not when you can buy a bigger one a few weeks later with your double digit % gains
>buy a car?
not when you can buy a yacht instead a few weeks later with your double digit % gains
>retire?
lol are you crazy? selling stock? not when you can retire more comfortably a few weeks later with your double digit % gains
...and so on...
As you see, the idea of selling has been virtually eradicated.

An actual correction would come to be nowadays probably only by some manufactured shock to the system like
>le plandemic
>le algo flash crash
>le interbank freeze
>le cdo of a cdo
Apart from that, organically, a 5% to 8% drawdown is the max.

Enjoy

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