In Canada it's TSX (Toronto Stock Exchange). In the US there's Nasdaq, Dow Jones and the S&P (Standard and Poor's) 500
Of course in Europe and Asia they have their own. Even from last year until now or from the the last few years until now Indices have performed generally well.
When in comes to developed countries, in general, the index of a country is generally on the way up. Now if you have a recession or economic downturn / bubble bursting (which happens ever 10 years or so) or a general downtrend for a few months, those are not hard to see coming and you can simply pull your money out of better yet SHORT the market and make a fortune.
Today and for the future computer chips are going to power everything. Therefore investing in companies which produce such products like ASML (Netherlands) or TSMC (Taiwan) is not a bad idea.
The thing about Gold/Silver, Indices is that even over the next few decades, they're going up. It's like investing in property, it's always going to increase over time, with inflation more or less.
As far as Crypto goes. I know people that have made millions. Honestly I believe that in the near future banks will absorb and make use of blockchain technology. It's inevitable. Banks are showing an interest in Ethereum for example.
However if cryptocoins actually get to the point where they can challenge fiat money, they will be banned. We've already seen this in China, where they've essentially banned crypto and have instead encrypted and digitized their own currency. The Chinese are doing this for a very specific reason.
Last time there was a recession (2008) China bought up lots of USD in order to salvage the US economy. Back then China wasn't strong enough. This time if there's a recession in the USA, China will instead ask importers of Chinese goods to pay with various currencies.
Currently you can only pay in USD for Chinese goods from China or any other country. But imagine China tells the EU, pay in Euro, North and South America pay in USD and the rest of the world pay in Yuan (RMB) China's own currency.
The fact that China's currency will be digital will definitely make it easier for people to be able to pay them in Yuan since there won't be any shortage of printed currency. They can simply exchange their funds online, perhaps even on a Chinese platform and then proceed to send it to their supplier of their choice.
Poof just like that the world goes from functioning as a unipolar world to a multipolar world. During the Cold war it was a bipolar world. However after this happens, there is a good chance that the US will find an excuse to declare war on and attempt to destroy China.
China is already more industrialized than the USA. They're the worlds factory. In the next 6 years or so China's economy is set to bypass that of the United States. China has already bypassed the US in several key fields, including education, healthcare, transportation, mega projects. All that's left is for China's GDP to surpass the US and for China to pull the carpet from under America's feet.
What is the major index now?
CocaCola and Walmart were good 30 years ago.
IBM was good 20 years ago.
Visa was good 10 years ago.
What is the Eigen stock of this decade?
Can it be ADA, Ether or BTC?
Tesla? Nio?
