The value of the dollar changes with inflation. It's like comparing the price of a loaf of bread in the 1930's to today's price of a loaf of bread. True bead was 15 cents back then but people made like a $100 a month. So a dollar stock in 1930's probably wasn't thought to be cheap by that economic standard. So with inflation what we perceive to be expensive compared to our value for dollar will equal one another. I wouldn't stress it to much. Worry more about become a consistently profitable tra
Bread was 15 cents and people made 100 bucks a month, but salaries have increased. Bread costs way more than 15 cents now, but people make way more than 100 bucks a month too. We, on the other hand, are not going to have our wages increased as time goes by and everything becomes more expensive. The only way to make more seems to be bigger % gains or bigger position size.
The value of the dollar changes with inflation. It's like comparing the price of a loaf of bread in the 1930's to today's price of a loaf of bread. True bead was 15 cents back then but people made like a $100 a month. So a dollar stock in 1930's probably wasn't thought to be cheap by that economic standard. So with inflation what we perceive to be expensive compared to our value for dollar will equal one another. I wouldn't stress it to much. Worry more about become a consistently profitable tra
Bread was 15 cents and people made 100 bucks a month, but salaries have increased. Bread costs way more than 15 cents now, but people make way more than 100 bucks a month too. We, on the other hand, are not going to have our wages increased as time goes by and everything becomes more expensive. The only way to make more seems to be bigger % gains or bigger position size.
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