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[parent] [thread] 2 comments
1. ogre_c+(OP)[view] [source] 2021-01-22 19:55:54
> stock market has been very profitable since march. I made 100% last year just on random long term investment.

Hmm. All this makes me wonder if the country opening back up is going to cause the market to flatten out for a bit as people have less money and incentive to invest. Food for thought.

replies(2): >>jedima+E2 >>ishjoh+2p
2. jedima+E2[view] [source] 2021-01-22 20:09:42
>>ogre_c+(OP)
Intuition says that people who have to choose between investing and other things aren't the maority of investors.

I'm think the economy will liven up a fair bit once people are out and about spending again, possibly even over-correcting.

3. ishjoh+2p[view] [source] 2021-01-22 22:33:29
>>ogre_c+(OP)
I could also see it flattening due to people having more options again. The majority of the companies that are listed in the public markets are businesses that didn't have to close. Nation wide retailers, tech companies, oil and gas, all the things that were deemed essential or could be done virtually. It's the mom and pop stores and restaurants that took the brunt of the shutdown, when things are more open again those businesses will be the big winners and we might see them take some revenue from the bigger stores.
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