4. Companies Continued To Prosper, Despite The Pandemic
Right now, the stock market is significantly higher than it was when the pandemic started in early March last year – a surprising turn of events that no one expected. While some argue that the stock market doesn’t reflect the overall economy, the significant rise indicates positive expectations for future growth and profits.
Interestingly, many companies even thrived during the pandemic, driven by everyday capitalism. This serves as a reminder that historically, investing in the stock market has not only generated wealth but also generational wealth over time. It’s important to note that market trends may not always be upward, but historically, they have shown an upward trajectory.
However, there is also an investing gap, similar to the wealth and pay gaps, where women tend to spend more on daily expenses, leaving less for investing.