Do Stocks Always Go Up In the Long Term?
This is one of the fundamental tenets that many people espouse, especially in the picks to short the ultrashorts.
20 years later, the Nikkei is at about half of the level it reached in 1988. And 18 years later, it's still a good 70% less than it was from the top.
Now, it is unlikely that this will happen to the dow nominally, because the US government has made it a priority to prop up asset prices, whereas the japanese did not do this in the early 1990's.
Just wanted to show everyone that there is no guarantee in any time frame that the stock market always goes up in the long term. I always get squirrelly around people who use the words "long term" without a definite time frame of x amount of days, months, or years. Because yes, maybe in 100 years real estate will get back to it's 2005 levels - so it's true, in the long term it may go up. But in the long term, there is only one true guarantee, and that is that we'll all be dead.
Your Faithful CAPS Red Pill Disseminator