"FB (Meta) down to the same price it was five years ago
GOOG doubled in five years from 930 to 2100
APPL did nothing for 20 years - actually lost money inflation adjusted… then tripled in last 3 years.
But where will they wind up? I don’t think we are anywhere near the bottom.
Amazon has doubled in past five years…but it was up triple…then dropped to only double… but where will it wind up?
NVidia still a triple…but it was up 4 times to 5 years ago…
It did nothing for 15 years if you held it…
So…most of the ‘gains’ in these stocks happened in last 2 years - buying frenzy…and who knows? Most of the ‘drop’ might continue to back to historical P/E ratios…
Bitcoin mining helped a couple of them…but, how good is ‘crypto’ going to be? Half of them are worthless. Stable Coin? ho ho…anything but…
t. "
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But look at firms such as Pepsi, Chevron, Sysco, Proctor and Gamble.
Growth stocks of the days of yesteryear.
Still, a 2 year view is short-term.
Why would someone who is looking at a short-term need consider equities?
And the answer is “If someone is sold a bill of goods.”
Howie52
People frequently buy things that are presented as filling their needs - but the goods bought
are not at all suitable. The market is risky at the best of times.
And I suspect that Mr. Dickens was spot on.
The best of times and the worst of times are a matter of an individual’s circumstance.