Why I continue to invest.
This blog will be conducted as if I were sitting next to you in a local saloon. So if I let an F-bomb drop sorry, but that's just how I talk in real life.
One more point before we start. I will not be using $5 words with multiple syllables, and will lay low on the acronyms. Reason being I tried teaching my work buddy Poncho about stocks and the economy and his response was- Harry explain it to me in English or Spanish, but I did not understand a word you just said.
My arguments against the bearishly inclined-
#1 If everything goes to hell and a handbasket, like certain bloggers have been telling us for the past 3 yrs.(cough, cough.. alstry) Does it really f*cking matter.
#2 It's a fiat currency which means it isn't backed by anything but the Governments word and we all know how reliable that is. Why would'nt you pick a dividend payer over that.
#3 Another bear argument is were borrowing from our childrens future, which is absolutley correct. That's why I chose not to have kids.
#1 The market outperforms all over time. If you have kids set them up in a drip, they will prosper.
#2 Started with 3 figures currently at 5
#3 It's Fun :)