I’m about 6ish years away from retirement (the goal is Dec 31 2031). I’ve been doing a lot of work in stock markets as a result of preparing for it. The thing with the stock market is you only lose money when you sell. If a bubble pops, but you don’t sell and you keep it in there, you will eventually make your money back and recover. Diversifying your portfolio also helps, if the housing bubble pops, the entertainment sector will likely grow because people need escapism. The AI bubble is huge right now and when that pops it will be worse than the dot com bubble, even though that bubble popped, websites are still around and that industry is larger today than it has ever been. Like websites AI is here to stay, and will eventually become larger than it is right now. It’s just time, wait it out and it will normalize.
I’m about 6ish years away from retirement (the goal is Dec 31 2031). I’ve been doing a lot of work in stock markets as a result of preparing for it. The thing with the stock market is you only lose money when you sell. If a bubble pops, but you don’t sell and you keep it in there, you will eventually make your money back and recover. Diversifying your portfolio also helps, if the housing bubble pops, the entertainment sector will likely grow because people need escapism. The AI bubble is huge right now and when that pops it will be worse than the dot com bubble, even though that bubble popped, websites are still around and that industry is larger today than it has ever been. Like websites AI is here to stay, and will eventually become larger than it is right now. It’s just time, wait it out and it will normalize.
I mean, if you have stock in like blockbuster you’re losing money there too.