One of the fundamental reasons why I feel the stock prices are going up is because there are very few places you can park your money:
- Real estate requires huge capital.
- Gold and Bitcoin are only a hedge at best.
So, even though these stock prices are nuts, I can make a case for them to continue to go higher.
My question to folks who have been through multiple bubbles (including the dot com bubble) is, was it a similar case then too? Was there every few assets where you could park money then too?
Thanks!
Submitted January 11, 2021 at 03:19PM by LogicalTranquility https://ift.tt/39qQnnR