I’m probably preaching against the choir here, but I’ve become quite disillusioned with the stock market. It seems to no longer have any correlation to reality (assuming it ever did). Other than real estate, what are other good avenues to explore?

  • zephyreks
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    1 year ago

    The stock market isn’t pegged to reality, it’s pegged to perception and money supply. There is no “ground truth” in the market except the total amount of money that could be invested in it.

    The stock market has never been designed to directly reflect value. In fact, none of our capitalist mechanisms directly reflect value (see: grocery prices).

    Still, long-term trends tend to hold. If the economy is doing well, the market rises because more money flows into the market.