#INVESTMENT MENTOR - There is simply no end to Growth!

in cryptocurrency •  7 years ago  (edited)

Since 1960 the Worlds GDP kept growing regardless of any crises!


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Whoever is watching the stock market every single day might have trouble to keep cool during hard times. Whenever something bad happens, the world seems to go down right away. It´s time to get some distance from all the events of the day...

Might it be some war, a global disease, housing or debt crisis - In the short term there´s always something! But despite all that the world economy kept growing almost every single year. Just have a look on the Chart below, which shows the Worlds GDP in USD since 1960. As you can see, it´s going upwards continuously!


World GDP in USD

(Source: data.worldbank.org)


But what´s the reason for this continuous growth? It´s Progress! Thanks to better machines and new production methods we are able to get more done in the same time and therefore increase the economic output - increase the value of shares.

In our economy new and innovative ideas are always getting rewarded. Through all history discoveries, innovations and inventions have been the core of progress and growth. The first tools, the wheel, the phone, the car, the internet and probably one of the latest the blockchain and it´s cryptocurrencies.

For sure there may be something happening that will cause a short downtrend or a company that will have to close down but in the longrun, the worlds economy will keep growing and growing and growing...!

*****

In my opinion Investments are still paying in the long run and it´s for sure less stressful for you whenever you don´t have to watch the market every day. As Cryptocurrencies are still to be considered at their very beginning this will eventually as well be the case for this new market.

Let me know your opinion or comment!


You might as well be interested in my previous Post
#INVESTMENT MENTOR - Spouse or One Night Stand?

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For sure. One of the best ways to make "passive income" or let the money you have work for you.

It definitely still is a very good way to get some "passive income"!
& for sure better than letting it get worth less on some bank account ;)

This post received a 2.8% upvote from @randowhale thanks to @steembusiness! For more information, click here!

like your style and words @steembusiness ) great post and well said indeed !! upvoted )

Thank you very much @gomeravibz :)
It´s really encouraging to get to know that my Posts are getting some love :)

Yeah i agree with you on the opinion that investment is still paying for the long run and i don't see that changing any soon.

However what i perceive is how investment funds will shift from the stock market into the cryptocurrency market.

There´s always been some change in history due to new ideas and innovations and it will be the same for the cryptocurrency market. It will keep growing and growing regardless on how much it´ll change within the next months or years... Investment funds will be the next to move in for sure

This deserves some attention. Upvoted and resteemed...

Thank you very much! I´m glad you liked it that much :)

Thanks for sharing this @steembusiness

you´re welcome :) Thanks for reading!

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