All those who invest in the stock market should remember & understand these lines -
In the 20th century, the United States endured
- two world wars and
- other traumatic and expensive military conflicts;
- the Depression;
- a dozen or so recessions and financial panics;
- oil shocks;
- a flu epidemic;
- and the resignation of a disgraced president.
Yet the Dow rose from 66 to 11,497.
Warren Buffett
and is 15,300 as i write this post ....
If anyone comes around and gives you another Doomsday forecast ...plenty ...just tell them to take a hike .....
Of course the story is being STOCK SELECTIVE instead of a general rise which we experienced earlier due to structural adjustments ..so you need to work hard for that ..but nothing comes easy ....not as easy as the pink papers want it to sound !
there still will be phases of a general rise ...of course but for superior returns you will have to work harder !
cheers !
