Yes, let us reframe that.

"And guess what … the market is up 740% since 2009.

Let’s reframe that."

The stock market is only up 290% since August 2000. Nine more years but less than half the gains. You cherry picked your numbers. I picked numbers that are more representative but historically the market does worse than even my numbers. The S&P 500 averages about 10% annual returns.

Also, no QE is not really like a company issuing new stock. It is a weak analogy. The differences are many.

Sure, don't go selling everything when the doomsayers get really loud. A wise investor periodically rebalances their portfolio according to their risk tolerance based on market conditions. Personally, I am very risk off right now but then again, I am 63 years old. Looking at the market is seeming that 2022 has more downside potential than upside. My personal position is I have enough wealth that I just need to keep up with inflation and can't tolerate large losses, why would I risk the losses hoping for unneeded gains?

TEK