Quote:
Originally Posted by 2BNTV
I was wondering if anyone has any insight to where Dow Jones bottom will be? Does anyone know?
My investment broker doesn't really know but is saying a loss of 35% is bottom. As usual, investment brokers are saying that long term investors should stay calm and not miss the upswing.
As of yesterday, the market was 1400 points above when Trump took office, (please, no political commentary).
I am staying put as I missed the downturn and don't want to miss the upswing. I timed the last downswing during last market upheaval and it turned out great.
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Its down there with the GBP:USD FX.
2 weeks ago we put down our 20% deposit. Since then as a result of FX our home has risen $45k, and if it hits £1:$1 our hone will cost us $100k more...
So sell $ now at 1.15 and buy them back later when the return to 1.29.... We hope........god we hope it returns in the next 12 weeks