The short answer is no. That’s why we call it a bull run. The bulls can’t run forever. While we’ll certainly take advantage of the bull market while it’s here, we need to plan for a market correction at some point in the future.
When the bull run comes to an end, you need to preserve your money. Entrepreneurs are always going to have great ideas, but if you’re in your 60s, 70s, and 80s, you can’t afford to take the risk. You’re in what’s called a “preservation” stage of life.
We don’t know, and that’s the point. There’s always going to be a winner amongst the great ideas. However, individual stocks always have a lot of risk attached to them. While the market as a whole will never drop to zero, an individual company can. That’s why it’s always important to protect your wealth and diversify your portfolio.