Posted on 04/18/2015 9:26:05 AM PDT by The Louiswu
I studied frantically to try to understand the market during 2002 to 2008. Then the Fed printed 5 Trillion dollars to prop it up, and now I know there is no understanding the market.
Yes, I know the market will crash. It has to. But that is useless knowledge because, as Keyes said, “Markets can remain irrational a lot longer than you can remain solvent.”
I give up. I just play it safe these days. I need gold if anything.
I remember him. The author of, the Crash of 2007, the Crash of 2006, the Crash of 2005, the Crash of 2004 and the Crash of 2003.
Just put out the same book every year until your right.
We all know the market will crash again like 2008, but nobody know when except the Fed. They are the only ones who know when or if they will pull the plug. And I don’t have insider knowlege with the NY Fed, so...
The stock market ceased to be investing about $5 trillion in national debt ago. It is mere speculation now.
June 29th
Empirical data say otherwise.
As soon as Soros, the Clintons and the Obamas have everything moved to Myanmar.
I thought I saw the Pearly Gates just reading You’re post!
/s
Not in 2015. Not close enough to the election.
No, this is his only book on the topic. So perhaps that was another guy, maybe the Dow 36000 dude.
the next crash will come at one of two times:
1) in the aftermath of a change in current Fed interest rate policy
2) when the economic damage of the failure to change the current Fed interest rate policy becomes great enough that no policy can push the day of reckoning one day further into the future
Reagan's "Thousand years of darkness?"
yeah -- probably seemed like a good idea at the time. Lesson learned -- never put all your investments in one stock or fund. If one dollar costs averages into an assortment of funds over 20 years they should do fine.
We lost about $40,000 in that, and in total our investments declined about 60%. Our stock broker talks about how great it is that our investments have recovered to where they were. Of course, that doesn’t correct for the fact that we lost 8 years on our retirement investing and now we can’t retire.
See this FRpost from 2013 for reference.
Prediction of a Crash in next two weeks...
http://www.freerepublic.com/focus/f-chat/3053872/posts
What decade was that?
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