It's definitely due for a correction after the run-up it's had in the last year after the run-up it's had in the last year
dow jones
- Thread starter Jkloc420
- Start date
That's why I am half out of the market right now
DriveInDriveOut
Inordinately Right
I'm in it for another 20+ years so I'm not changing much. I'd be nervous about exposure to stocks if I was close to retiring.
I'm just taking a breather right now. I'm using all bullish and I'm all in
I see more of a downside potential than for an upside potential right now
Really we're in the 11th year of a bull market, so yeah. Course I've been saying that since 2013 or so. Someday I'll be right.
I don't know something's different this time.
Too many companies that are not making any money too many people that are not working
That doesn't end well
It was interesting talking to the FA from Fisher, their philosophy is basically all stocks all the time even in a downturn. When they get defensive in anticipation of a bear market they just shift to large-cap value companies. If they move to bonds at all it's primarily corporate junk bonds where the yields are higher. They never recommend cash or treasuries.
Cash and treasuries are paying almost nothing right now
And actually junk bonds are at the lowest spread they've been in a long time
There is no good place to stick your money
Hookers and blow!!
Wally
BrownCafe Innovator & King of Puns
So if you got out for a while then back in full after any major hit you would be in a very good position. You know a big correction is coming.
DriveInDriveOut
Inordinately Right
I don't disagree.
I'm not gambling with my retirement by trying to time the market though. I know what kind of returns are likely over a long enough timeline, and I'm okay with that.
Or maybe we will have another lost decade like we did to start this century?
no_map_needed
Knowledge is key, Experience is power.
The dominoes are being set but for the bubble to really pop it would probably take a large scale war. The gme fiasco did expose the shady flaw of synthetic shares in the stock market to some extent. Greed is near an all-time high right now so you can make a fortune riding pump n dumps. But once all the pumping prices out the retail buyers out there we will see a correction that will hurt small investors.
Wally
BrownCafe Innovator & King of Puns
SELL, SELL, SELL!
The big package
Well-Known Member
When you have a President that knows how the economy works and makes adjustments to improve the economy you would have seen 40,000 !!! But not with this senile old dope !!!
1989
Well-Known Member
Permanent low interest rates will push the Dow to 100,000.
And gas will be $27 a gallon
Won't matter if we're all driving Teslas.
PT Car Washer
Well-Known Member
Which will push gas prices down to $1/gal.
1989
Well-Known Member
There will be such a surplus in fuel, the government would have to start dumping it in streams.
They don't go very good in this thing
Thank God I'm not a hipster
