Right but look back to the stock market crash of 1929, even the rich did not recover from that. If Doge dismantles the SEC and all of the regulations that have minimized crashes severity then we are setting ourselves up for something more serious than a "correction" that one simply weathers. Let free market forces run amok then some firm…
Right but look back to the stock market crash of 1929, even the rich did not recover from that. If Doge dismantles the SEC and all of the regulations that have minimized crashes severity then we are setting ourselves up for something more serious than a "correction" that one simply weathers. Let free market forces run amok then some firms will become dangerously leveraged which works until a butterfly flaps its wings over Virginia and sets off a chain reaction that causes the market to collapse like in 1929. Im just saying that the old advice that "time in the market beats market timing" was true for the last 80 years but if the market is deregulated then it would be dangerous to assume that advice still works.
Right but look back to the stock market crash of 1929, even the rich did not recover from that. If Doge dismantles the SEC and all of the regulations that have minimized crashes severity then we are setting ourselves up for something more serious than a "correction" that one simply weathers. Let free market forces run amok then some firms will become dangerously leveraged which works until a butterfly flaps its wings over Virginia and sets off a chain reaction that causes the market to collapse like in 1929. Im just saying that the old advice that "time in the market beats market timing" was true for the last 80 years but if the market is deregulated then it would be dangerous to assume that advice still works.