Chapter
The S&P 500 is Always Going Up
43:23 - 47:18 (03:54)
Despite worldwide crises and market fluctuations, the S&P 500 has consistently increased over the long term due to impatience and fear-based investments by most people. It is unlikely that the government will ever mandate which countries investors should allocate their funds to.
Clips
Bitcoin is not built for transaction and has expensive fees.
43:23 - 44:24 (01:00)
Summary
Bitcoin is not built for transaction and has expensive fees. However, holding Bitcoin in a wallet rather than a proxy is important for protection against government intervention.
ChapterThe S&P 500 is Always Going Up
Episode#443 - Tom Nash - The Financial Impact Of Russia's Invasion
PodcastModern Wisdom
The speaker suggests long-term investors to have patience, stay calm, and add to their position during the dips.
44:24 - 45:29 (01:05)
Summary
The speaker suggests long-term investors to have patience, stay calm, and add to their position during the dips. He advises people to look at the S&P 500 of the past 10 years, which has endured several crises and has still performed well.
ChapterThe S&P 500 is Always Going Up
Episode#443 - Tom Nash - The Financial Impact Of Russia's Invasion
PodcastModern Wisdom
Long term investing in the US stock market holds great potential for growth, as it always goes up in the long run, regardless of short term volatility.
45:29 - 47:18 (01:48)
Summary
Long term investing in the US stock market holds great potential for growth, as it always goes up in the long run, regardless of short term volatility. However, people often lose money in the stock market due to their impatience, leading to the need to adjust one's portfolio.