Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
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#17
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#19
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#20
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We all know that another major financial dislocation is coming and most likely you will not be given a heads up by watching CNBC.
Remember Cramer? Bear Stearns is fine. Do not take your money out. If there’s one takeaway, Bear Stearns is not in trouble. I mean, if anything, they’re more likely to be taken over. Don’t move your money from Bear. That’s just being silly. Don’t be silly. Question is what tell-tale signs should we be looking for? Credit Card delinquencies, 401K borrowing, advance decline line? Are there analysts that have a good record on timing the market? Permabears and Permabulls are really useless. In hindsight it is always obvious but is it possible to predict it beforehand in time to get out or short the market? The Fed does make it difficult since they have several ways to prop it up. |
#21
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John Maynard Keynes – “Markets can remain irrational longer than you can remain solvent” |
#22
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Over the long haul, I have done very well investing in the stock market. It all depends on how soon you need the money. I will not need to increase my earnings in the next 5 years so I am willing to keep my money in equities (low cost no load mutual funds). It will be hard to predict when the rebound will come but when it comes, it is usually significant. Of course, if I die before the uptick comes, then I will have chosen poorly.
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“There is no such thing as a normal period of history. Normality is a fiction of economic textbooks.” — Joan Robinson, “Contributions to Modern Economics” (1978) |
#23
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And now after a tone of cautious uncertainty, ChatGPT writes on sportsguy’s same points in the tone of Jim Cramer.
(Click link and scroll toward the bottom) Economic Uncertainty Amidst Unprecedented |
#24
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In my opinion, listen to what Jim Cramer says and do the opposite. |
#25
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To paraphase Allan King, if that happens your loved ones will have good reason to be unhappy.
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#26
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A few comments if your considering locking in returns with utilities with stock prices down due to higher rates. Thus possibility of picking up good rates and future growth when rates come back down:
Some ETF's: VPU, XLU, IDU, Short list of stocks (but many others) ETR, AEP, DUK. Also look at holding in VPU |
#27
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The famous line 1.5 years ago: even a 12 year old could have seen this downturn coming. I sold out most everything 1/1/2022 and got back into oil fund last year for a few months, money market fund that pays over 5%, got into apple late last year and got out a couple months ago, in a tech index fund, and bought into an AI company. Most of our money is in 5.x% money market.
IMO, we are heading for a crash, just as big as 2007/2008. Consumer debt, China downturn, insolvent banks, only 7 stocks supporting the whole market, federal reserve is clueless, corrupt administration. |
#28
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Everybody has been saying a recession is coming "soon". It's like "for sure". It's "obvious". So of course I'm looking to see some upside.
Joe |
#29
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One of the best funds I have had for many years is Contrafund. It does the opposite of what the prevailing opinion of the market says will happen.
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#30
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Fly first class or your kids will. Boomer
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Pogo was right. |
Closed Thread |
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