Stocks are overvalued.. ??
Stocks
A rather uninteresting topic among crypto enthusiast is stocks .. People do hate stocks because while stocks usually give an annual return of around 20% annually that amount in achieved in rather minutes if you trade crypto intelligently . But whatever they still are an major asset class to build wealth and disappointed is sure to come if you leave stocks out of your investment portfolio .. :)
Do they look overvalued ??
Yes lol..
The stock market has been touching new highs every time there is a rally it is not believable . .
This is an classic example of unsustainable optimism and simply not justified ...
The only reason I know of is that the central bank is just creating money and pumping the stock market to new highs :( ..
I am as an investor who looks at the value of the thing I am buying and the value is very little in relation to the price paid ..
The only logical thing is to wait for an reasonable price to come so that I can buy quality business at cheap prices . :)
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