General Discussion

D_Master81

(2,271 posts)

8. Several possible reasons

Mon Sep 14, 2020, 12:55 PM

Sep 2020

Several things I’ve felt are going into the stock market rise over the past 10 years:
1) 401ks and people auto depositing money. It’s a good retirement strategy to dollar cost average but with less pensions and savings rates basically zero, the only place to go to make money with your money is the stock market or real estate and most people don’t have the funds to do real estate.
2) online/mobile trading apps make trading easier for the average person. This is both good and bad as the average person has access but not as much investment knowledge. Plus they make investing on margin very easy so I think people are getting fomo and gambling now.

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The Dow broke 28,000 again! USA! USA! [View all] yellowcanine Sep 2020 OP

Amazon hiring workers at horrible wages, with terrible benefits who are treated like slave labor. redstatebluegirl Sep 2020 #1

current valuations, especially in the tech sector, are absurd and unsustainable Amishman Sep 2020 #2

I like to think it's because Biden is so far up in the polls. Optimism Walleye Sep 2020 #3

Well it is good for Sherman A1 Sep 2020 #4

Sometime this will BLOW UP! bluestarone Sep 2020 #5

The false market will blow up. Case can be made it is long overdue. Lot of 'interests' empedocles Sep 2020 #6

Still Down 2.85% YTD ProfessorGAC Sep 2020 #7

Several possible reasons D_Master81 Sep 2020 #8

I'd add DBoon Sep 2020 #9

I've been hoping it would plummet 10% by election day Awsi Dooger Sep 2020 #10