For me, it’s the realization that Inflation is here, and it’s going to STAY AROUND for awhile.
Inflation isn’t really good for stocks, but... it’s worse on cash, really bad for bonds.
Time to invest in REAL assets, in every way you can.
The RIDE has started... and, it’ll be FUN.. for a little while. It’s the END that’s a bitch.
You nailed it.
There are worse places to park your dough than in dividend-paying equities of solvent corporations that *have* real assets and make stuff that people actually want (or better yet, need).
That plus dirt and iron and lead and brass. REAL stuff you can use with God’s help to feed your loved ones, fix things, build things...
Who knows — maybe even some silicon and copper to keep the lights on part of the time.
The stock market runs on cheap money.
About a year ago, Proctor and Gamble had a P/E of about 10, with no specific adverse information. Where can you get 10% these days? No matter what happens, people are going to want soap. Buy stocks in companies that make real products, are well run and stable.