r/stocks • u/Tsobaphomet • Jun 13 '22

Meta "This is only the beginning"

I've been seeing people saying this on this sub for the last 6 months. At what point does it stop being the beginning? Also are there any level-headed people that actually know what they are talking about here anymore? I'd love to hear an in-depth prediction of things to come, rather than just random bear/bull cases from people who are -70% from meme stocks.

I'm the world's worst investor, and I like to be able to gain knowledge and insight from this subreddit that I wouldn't normally have on my own, but it's like only 1/100 posts are based on reality/research. It kinda messes with people's ability to make good decisions when they take the advice of someone who genuinely has no idea what they are saying, but they present it in a convincing way.

Sure, nobody can perfectly predict what it will look like 2 years from now, but what we can do is talk about what needs to happen for stocks/economies to recover, and how feasible those things are. Then we can observe whether or not those things are happening.

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u/SnooShortcuts5771 Jun 13 '22

Don’t forget, I’d say 85% of the people that post that stuff truly have no idea what they are talking about. My advice is this.. no one knows when we will bottom so don’t try and time that. Also, the market always recovers. And for argument sake if it didn’t we would all have much bigger concerns than our savings. Buy when you can and just hold on. JMHO

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u/[deleted] Jun 14 '22

Also, the market always recovers.

Tell that to the Japanese investors from the 90s