Doom and Gloomers and crash hopers are all people who don’t invest. They want everything to crash because they are jealous of hard workers, business owners and investors.
This type of person has been predicting crashes forever and they always will. Meanwhile, over the last 45 years while they have constantly predicted crashes (often correctly), I started my own business with $150 and am now a multimillionaire, and it took about 40 years of ups and downs.
Because there’s this weird thing that happens after crashes. It happened after the crash of 74, the crash of 85-90, the huge crash of 2007, and the crash of last year. The secret is to have the courage to work and invest anyway.
My first business partner went from $4 million net worth to completely broke and bankrupt between 1979 and 1985. He picked himself up and was a millionaire again in about 7 years. He’s happily ‘retired’ now, as am I.
Get in the game, you may win or lose. Don’t get in the game you lose, period.
Which explains the attraction of Communism, knowing that the "trees will all be made equal."
“Doom and Gloomers and crash hopers are all people who don’t invest. They want everything to crash because they are jealous of hard workers, business owners and investors.”
Same lineage as the Civil War II hopers. If CW II happened everyones pension plans and investments would be gone, millions killed, the home or business you worked for all your life would most likely be taken over,looted, bombed or burned to the ground, there would be minimal food and medical care. It would be a miserable existence for the survivors for decades after the fact. There would be no large superpower to bail us out and rebuilt our country like we did Europe and Japan.
I know a couple of these CWII hopers near me. They don’t have a pot to piss in, folks who can’t hold a decent job or never had a decent job and I really think they want to drag everone else down to their level of subsistence. I do not know of a single person with a loving family, home, nice job who wishes for CWII
I’m sorry but the stock market is a market of trading second hand shares. It does not create wealth for a nation nor is it even functioning to move capital. All it is doing is moving shares from person A to person B. If you make money at it, you are enriching yourself, but no one else.
Too many people are all in, and have all their capital invested in stocks of various sorts, and some bonds.
All the smart people are slowly acquiring cash instruments and liquidity.
So they can buy the crash. When everyone else is terrified.