Bull market, how long for?

talexuser

BananaRepublic wrote: »

However, a country cannot do that for obvious reasons.

Norway had a jolly good go at it though with their North Sea Oil money, a trillion $ with global shares a good bung in there. If only we had not wasted ours in comparison.
https://en.wikipedia.org/wiki/Government_Pension_Fund_of_Norway

BananaRepublic

talexuser wrote: »

Norway had a jolly good go at it though with their North Sea Oil money, a trillion $ with global shares a good bung in there. If only we had not wasted ours in comparison.
https://en.wikipedia.org/wiki/Government_Pension_Fund_of_Norway

Indeed. And Norway has a much smaller population, so the money per head of population is much higher. And they have far more land per person, so housing is cheaper, and huge fisheries, hydro power etc.

talexuser

Still a country though.

Thrugelmir

talexuser wrote: »

Still a country though.

People also behave differently. Saving is a choice for everyone.

Thrugelmir

BananaRepublic wrote: »

Indeed. And Norway has a much smaller population, so the money per head of population is much higher. And they have far more land per person, so housing is cheaper, and huge fisheries, hydro power etc.

You obviously have never been. Suggest you do to broaden your horizons.