[Nervous Tick]

>> it can’t always be going up. That is a very unrealistic expectation sure to end in disappointment isn’t it?

Yes and no.

The share price of companies that actually build wealth — and there are more than a few of those — can in theory continue to rise indefinitely, by definition, because they’re building wealth.

But there are obviously cases where there is no wealth being built yet stock prices rise due to perception of increased wealth and pure speculation on rising price trends. Those increases are NOT sustainable.

Just my 2c worth but it’s reasoning based on sound economic principles.

[kjam22]

Yet, the history of the stock market is that it goes up over time. That is not deniable. Until we decide that something so catastrophic has happened so that the stock market will NEVER be higher than it is now or at some given point..... Until that event happens.... the long term outlook has to be that the market will be higher at some point in the future than it is now. That is the way it works. Now that point in time could be months or years from now, and a person has to decide if they are a long term investor, or if they may need the money soon. Or.... if that catastrophic even has happened and the market will NEVER be higher than it is now.

Personally, I view people who say that the catastrophic event has happened and the stock market has reached its all time high for past and future.... I place that viewpoint in the same category as people telling us the world was going to end last sept 23. The end of the world doomsday crowd. And if they're right.... it isn't gonna matter anyway what a person does.