Its funny that the "number go up" phrase was really popularized by crypto given the U.S. stock market is the epitome of it.
Yes, the market does go down a bit from time to time, but outside of the crashes, number just grinds up.
New Highs Again This Week
Granted the S&P 500 did not close at new highs, but it clocked a new high during the week, yet again.
It's so easy a caveman can do it apparently. Thinking is the enemy. Baffling to me.
I supposed at the end of the day there are a number of things that go into the market ever rising over the ling run.
401K $$$
Think about this - there are millions are employees who have a 401K and each paycheck money goes into ther 401K on autopilot.
Where does that money go? That is right - it gets invested in things like stocks and bonds.
Lets get real though, the majority goes into stocks.
I know a ton of people near retirement still plowing the majority of their 401K money into stock based mutual funds and ETFs, even with the rise of interest rates making bonds atleast a little bit appealing.
I supposed I overthink and should have just blindly putting money into the stock market all these years, the hell with valuations and things like that HAHAHA.
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