I have a few questions about stocks and the broader markets.
Question 1: The stock market in early 2020 slid approximately 35% in less than 3 weeks. Can this ever happen again, say if China invades Taiwan? I am skeptical if this sort of 35% crash can even happen because there are so many people in retirement right now compared to say early 2020. The people who have their pensions, 401(k), IRAs, etc etc directly in the broader market are not going to be pressing sell in good times, bad times or sideways times. For most of them they cannot sell because it is not for them to delegate the funds. This is why I especially do not believe the market really can slide more than say 30%.
Question 2: NVDA was the stock to buy in 2022 into 2023. What is a stock you believe will go up 2X, that is either large or mega cap, between now and 2024 or 2025? If I had to pick a few it would include Roblox, Etsy, Apple, Microsoft and one that could get close to 2X between now and 2025 would be UNH.
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