why Stocks go up?
Because the companies make money and they don't distribute all of it. it's like a zero coupon bond it goes up and up.
Remember "The Death of Equities,"
BusinessWeek's seminal Aug. 13, 1979 cover story? It claimed that investors,
burned by years of poor returns in the 1970s, had abandoned stocks for good.
PS At the
time of this cover the Dow was at 885 points. 5 year later at 1227 and 10 years
later at 2687 and now 25,952!
as you know i suspect that after the bull of 1982/2000 we had a 2000/2016 where the markets didn't progress and now we are in a new Bull Market
i intend to play it
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