One thing is for sure. We will see how it turns out.
But I do not subscribe to the ACA doom and gloom, total destruction forecasts.
Back on the stock market topic....
I was much more worried 4 or 5 years ago than I am today. The US seems to be recovering.
Some believe the domestic stock market indexes are fully valued, some would say a bit overvalued.
But I am not too concerned about it. I have a plan and an approach. I am confident about how I manage it.
I was worried about QE and the wind down. But it appears that the Fed might actually pull it off.
Put it like this... most of us have a vested interest in the fed being successful.
I have a plan and approach for bonds also. Nothing too fancy. But it should help us (hopefully) to make the best of the situation.
For the longer term future ( 5 - 20 years)... I believe that our (new) situation with energy, along with continued technology innovation and development as well as innovation in multiple other areas... will help propel the US forward.
I am very optimistic about the US. No doubt, we will experience some bumps along the way.
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