I'm at a point in life where I can finally start putting some money into more than a savings account, and I'm currently researching my options. I guess, the one major thing I'm coming across that seems to be subtext in every investment article, is that it is assumed the market will expand indefinitely. I'm not talking about temporary booms or recessions, but the overall trend upwards over the past century. Why is this expected to simply continue trending upwards? If I understand correctly, putting away money into a retirement account that is tied to the stock market depends on the economy increasing until I retire. Why does this seem to be something that is so commonly taken for granted? I can't find a good explanation.
I'm a biologist, not an economist, so financial lingo is a different world to me. But I would like to take the time to learn. Sorry if there's a really basic explanation, but I can't find it anywhere. Any thoughts are welcome!
Submitted December 11, 2018 at 02:21PM by Melkovar https://ift.tt/2B9WSu3
