I made a post about six weeks ago asking if the Iran war was overblown in terms of the impact it will have on the market as this sub seemed incredibly doomer at the time whereas I feel like a war over oil in the middle east is a bit of a nothing burger. I received 500+ comments telling me to sell everything (15+ year DCAer here so I'm not selling btw) along with things like:
'i will be lucky to have access to fuel to drive to work in a few weeks'
'oil tankers take 4-6 weeks to reach their destination, supply shock is imminent'
'the strait impacts not just oil but all markets, everything is on the verge of increasing in costs and the economy will crumble'
'once supply shock hits, more wars are going to start as countries compete for the limited oil left on the world'
My point is, I've seen this song and dance before. The bears always sound like they have the 'key' piece of information that makes this time different and hence they sound smart. But I built a retirement on just holding through the noise and the purpose of this post is to tell you that the market will always go up. It won't be straight up, but long term you are always better just DCA because that is the only true way to align your money with the richest folks in the world (ie the ones that control everything).
Link to the post: https://www.reddit.com/r/stocks/s/UAZZV9J0sw