What's the true cause of long-term up legend?# Investment - 投资
n*n
1 楼
Buy-and-holders intend to say they are "investors", not "speculators". In
addition they look down on short-term traders while highly regard themselves.
Their arguments are from the historical data, which is essentially empirical
. But what is the true cause of this "long-term up legend"? Is it because of
market itself, or because of external powers? A good example is the policy
of pension and 401k, which encourage, and even force retirement saving to
be put into stock market.
I don't know if th
addition they look down on short-term traders while highly regard themselves.
Their arguments are from the historical data, which is essentially empirical
. But what is the true cause of this "long-term up legend"? Is it because of
market itself, or because of external powers? A good example is the policy
of pension and 401k, which encourage, and even force retirement saving to
be put into stock market.
I don't know if th