I buy on the way down. The US is the best market in the world, it will recover. It always does.
The US is the best market in the world, it will recover. It always does.
Not while democrats are in control.
Reminds me of the wisdom of John Maynard Keynes: “the market can remain irrational longer than you can remain solvent.”
I remember when I first started investing in the market. When we had a big drop in the market a lot of my co-workers were selling what they had. I just called my financial advisor and he told to just let it ride. He said that that was the time to buy more stocks. He said the market would come back up and of course it did.
The difference is we are NOW facing a full-on communist police state and not the free-market economy we had previously.
To ignore that reality is utter stupidity.
The US is the best market in the world, it will recover. It always does.
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The U.S. is, in many respects, a much different country than it used to be. Our national character, social fabric, ethical foundation, trust in government, etc. has all changed.
We are basically a socialist country today where the government controls, regulates, or greatly influences every sphere of activity.
I would be careful extrapolating from the past when things have changed to the degree they have here.
Yea, it is - or was. With the democrats on a scorched earth policy of taking this country down….
We’re in uncharted territory.
Still, those who were planning on retiring now might want to wait a few more years. Which is not all bad because we definitely have a labor shortage going on right now.