Quote:
Originally Posted by BarryRX
It's true that in 2009 I lived through the worst financial crisis I am probably going to see in my lifetime. I left my money in the market and recovered it all and more in a relatively short time. Also, during that time none of the companies that I invest in for dividends cut their dividends, so my income didn't change, and in fact it went up.
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The Fed pumped around $3 trillion into the economy since 2009. THAT is why things are as they are. The market is up because of Fed money. It's another bubble being blown. Like the housing bubble, education costs bubble, previous "bull markets", all went up from Fed money. You're gambling with people who cheat. I'm NOT saying you can't make money. The premise was "don't worry about any correction, it'll be back up in a year". And I disagreed.