Hey Folk
This is a addition article for this week.
Let see the chart first to believe it.
https://www.google.com/finance
Click on the link. Search all the stock market indices in the world.
S&P500, Dow Jones, Nasdaq, DAX, FTSE, STI, HSI, SSE, Nikkei etc etc etc
Except for Nikkei, since the start of that stock market. The current price is higher than the start.
Did you see that??
Let see them in more details
By the look of the eyes, do you realise that there are more up in term of period than down. Mean that more often than not the stock market are moving up than down.
Next, let see into more details. On every financial crisis, (1970, 1987,1997, 2001, 2007-8 ) the recovery is always higher than the last peak. Which overall suggest that the stock market are moving higher.
There are many reasons to these and many ways to test if the upward bias theory is true. However, i would not like to go into them as this article would be a thesis. See for yourself. See to believe.
We can conclude that stock market are upward bias. This is especially true for stock indices. So spend more time on looking for buys rather than sells. i had also written an article like this before in May.
Holding on to stock investment is good. but provided they are of good fundamental. Honestly, this is the hardest thing to determine. that is why i am always in the indices rather than individual stock. Dollar cost averaging approach is a good way too to invest.
That all
This is a addition article for this week.
Let see the chart first to believe it.
https://www.google.com/finance
Click on the link. Search all the stock market indices in the world.
S&P500, Dow Jones, Nasdaq, DAX, FTSE, STI, HSI, SSE, Nikkei etc etc etc
Except for Nikkei, since the start of that stock market. The current price is higher than the start.
Did you see that??
Let see them in more details
By the look of the eyes, do you realise that there are more up in term of period than down. Mean that more often than not the stock market are moving up than down.
Next, let see into more details. On every financial crisis, (1970, 1987,1997, 2001, 2007-8 ) the recovery is always higher than the last peak. Which overall suggest that the stock market are moving higher.
There are many reasons to these and many ways to test if the upward bias theory is true. However, i would not like to go into them as this article would be a thesis. See for yourself. See to believe.
We can conclude that stock market are upward bias. This is especially true for stock indices. So spend more time on looking for buys rather than sells. i had also written an article like this before in May.
Holding on to stock investment is good. but provided they are of good fundamental. Honestly, this is the hardest thing to determine. that is why i am always in the indices rather than individual stock. Dollar cost averaging approach is a good way too to invest.
That all
