Key insights
- The author expresses frustration with pervasive bearish sentiment and market crash predictions online, arguing that such negativity deters new investors and leads to poor investment decisions. They recount their own experience of selling during the 2020 crash and missing the rebound, advocating for a long-term buy-and-hold strategy. The author's view suggests a contrarian signal, but its impact is limited due to its subjective nature and lack of specific market analysis.
Ever since ive started investing in 2019 as a 30 year old, ive since then read everyday on forums like these
”Markets gonna crash, look at x and y”
”SP500 is at a hall time high” as an argument
Then, when everyone who did not panic made a lot of money because it did not crash, you start seeing post like
”Market is irrational, how can it go up? Its rigged. Its only for the rich”
I dont understand how so weak human beings can even think of investing over and over again. Markets has crashed before, it will crash again, no one knows when but it always rebounds stronger and stronger.
So, who gives a shit? Why make a million posts about it everyday? You dont think SP500 will hit new records soon? Ever? Why even invest then? When it really crashes, its gonna take some years but it always rebounds and hits a new high, and trying to time shit is a perfect way to lose your money completely.
2020 when Corona hit, i really thought 2008 was upon us, i was 100% sure. I sold off every single ETF i had because i was supposed to be smart when it was only 20% down because i listened to internet. Then it rebounded. I lost 20% of everything i worked so hard for and missed out on when it regained it, and started investing again.
Lesson learned. Never, ever, again. Since then i just buy, buy, buy and dont give a single shit about about people like these losers. But what now gets on my nerves is how people have the guts to totally stress the shit out of new young investors making them not invest.
Please, shut the f up and go let your money rot in a bank where you should have them and let young people build their future.
And guess what? SP500 hitting all time highs is a normalt state otherwise it would not be the best investment in history, JFC.