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Originally Posted by Guest
Diversification is the name of the game. The only money I'm actively putting in the market right now is dividends on stocks already owned. I am still putting some money into funds but a majority is going into tax free muni's.
I understand how fast this market has risen and how fast it can fall. I keep pushing stops up as the stocks rise. If a crash comes the stops will protect me.
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Again, the best economic engine is increased wages...that is the best protection from a crash. That enables an economy to limit the effects of downturns by not having severe situations which have been seen. Having an administration and congress depend upon economic growth without encouraging wage increases, increasing the deficit, and reducing taxation of those who can afford taxes, and increasing taxation of those who have lived with wage stagnation for the past decade is, in my opinion, a recipe for another significant economic crash.