I've pondered the same thing.I believe this is exactly WHY the stock market has cycles every 20-30 years.We have an entire generation of investors who have never really had a truly bad multi-year time.
Every new generation has to learn the lesson the hard way.
I'm surprised I've never seen any academic studies about it.
Statistics: Posted by watchnerd — Wed Dec 18, 2024 11:27 am — Replies 259 — Views 15362