stinkfist
nuts zongo's in the house
Posts: 69,270
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RE: Dow 20,000 in 2016.
(07-14-2017 05:14 PM)dfarr Wrote: (07-14-2017 03:08 PM)JMUDunk Wrote: (07-14-2017 02:56 PM)georgia_tech_swagger Wrote: To me this still looks like over inflated garbage. Luckily for Uncle Sam fracking is now so huge it just may bail his sorry *** out.
Could be. But if you weren't in, you missed a hell of a run.
It's reason/example #46329 why Market timing, or trying to guess Bulls and Bears, highs and lows, whatever is not a good idea IF you're a long term investor.
Yes, you got hammered in '08, and it certainly made a LOT of people plenty gun shy and with good reason. But, if you pulled out then and parked it all on the sideline?
Ruh roh.
That is exactly why as you age you convert to less volatile investments.
and why so many will get hosed on a 20 year flat line/downward tick moving forward....one day she ends....the only thing carrying this market is your 401k....you have to be a DA to not have figured that out....and it's not too far around the corner before the fundamentals crash and burn.....if one simply looks at how money is manipulated, it becomes increasingly easier where to put it....never eggs in any one basket...
tulips....smell 'em and remember.....
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07-14-2017 05:47 PM |
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