According to Adam Khoo, there is no need to fear of Market Crash. Below are the 6 main reasons:
- Market always go up over long term (based on 1900-2019 years)
- 18/69 years end in loss, 51 years end in gains. 74% probability to end up profitable over 69 years.
- Market is in bull market 91% of the tim
- More money lost in preparing and antipating correction than the correction itself
- Purchasing power corrodes faster than the gains in stock market.
- Every crash leads to a higher top over time.
Some of us have watched in wonder as the US stock market has risen like a supercharged phoenix from its lows of March 23, before hitting a speed bump on June 11, when the S&P 500 had its biggest one-day drop since March 16 over the last 85 days. However, it’s still less than 10 per cent off its all-time at the top of Feb 19, although the technology-heavy Nasdaq has continued making records.
I think the marketplace will go up eventually . Yeap, except something. Don’t kick the bucket. You have to survive to see it.
So true. There is hardly a day goes by in the Social Media or News without someone forecasting a crash.