Why you should always be bullish longterm

[robocop (actually)]

In the long run the market can only go two ways - way down or way up. If it goes way down, everyone's in trouble and you're in the same boat. As long as they don't come up with a new market system where they punish former speculators, you have lost nothing since everyone is in trouble. Too many people would be in trouble for them to all have to die.

If it goes way up, then you get rewarded.

No loss - one reward. Simple, right?

 

[Augustus]

No loss - one reward. Simple, right?

As long as you don't blow up, don't get caught out by survivorship bias. You have to stay in the game to profit longterm, if you go bust then it's game over.

 

[Jeremiah Ames]

Except for the fact that the elite moneyed class have many many times more than they could ever need.
So when the market falls by 90%, they still have more than they need.
Yet everyone else is wiped out.

 

[robocop (actually)]

Except for the fact that the elite moneyed class have many many times more than they could ever need.
So when the market falls by 90%, they still have more than they need.
Yet everyone else is wiped out.

Right but then they'd keep everyone else alive wouldn't they? Given today's society? Or else we'd keep our majority alive.

 

[sun rise]

It's a matter of timing. The long run could be a decade and in the Great Depression it took a world war to finally pull us out.

 

[Jayhawker Soule]

There were more than a few people who were bullish with their 401K leading up to 1987 and it had a catastrophic effect on their retirement outlook.Telling others that "you should always be bullish" borders on despicably irresponsible. Hopefully, most will recognize such amateurish advice for what it is - thoughtless at best.