Loading ...Yup, lets cherrypick lookbacks and liquidity preferences overtime and lets hope SP500 doesn’t end up like the 1989 NIKKEI 225-[it was 35, 522]—-30 years later [23,924] , despite following everything the BOJ has done/tried many times over thus far.
If you bought the SP500 before the 1987 crash you’d be up 10x, which is roughly what real inflation was. Buying gold in 1987 would’ve netted you a 3x return roughly. Bonds did something in the middle or better if you bought 30yTs at 10%
Shows you that stocks seem to do well in inflationary environments. And sometimes much better than historical inflation hedges.
Kissing the bottom of a stock market correction can produce 20-30x returns if you’re good at timing.
IMHO the SP500 will be at 12k by 2030. Dow will be 65-80k. Gold at 4K.
Pay off your house first before taking these long term views. Of course!
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>>Shows you that stocks seem to do well in inflationary environments.<<
Evidently, you were not an active investor in the 1970’s.