Don Baldwin |
11-16-2016 09:51 PM |
Quote:
Posted by Guest
Yours is a pretty simplistic view of investing. Buy the dip, that's profound! What do you do while you are waiting for the 'dip'?
|
What are you a retard? You let it ride or sell if you think it's the top and wait for the next dip to add or get back in. In the mean time it's cash. Cash at about 0% or a CD at 0.1% doesn't really matter and I'd prefer the liquidity.
I'm talking to AJ the machine...are you Borg AJ? #7 of 9?
Oh...AJ the bot...speaking of interest rates...do you know WHY they're so low? Do you know WHY they went from 7% to almost 0%? So the government can make the interest payments on $20,000,000,000,000 of debt...they pay over half a $trillion each year in interest payments. If interest rates go up 1%, the payments go up $200,000,000,000 a year.
We're broke, we're bankrupt. The changing demographics means we'll never recover. 3rd worlders will NOT improve anything.
|