If you are all in the market right now, take some money off the table, Since October 3rd, the Dow is up 22%, S & P 24%, and Nasdaq up 26%. I think this is part of the story, I believe part of it is the crony capitalists and corporate socialists are bidding the market higher to help Obama reelect. Also with all the quantitative easing and super low interest rates, you can't make much in those realms so I think the market is has become by design the only place to put your money and make any kind of return. Real Estate is near rock bottom too, bonds and treasurers are giving low returns. If your not putting it there your picking commodities (gold, silver, platinum),etc.
1 posted on
02/19/2012 11:26:45 PM PST by
Steelers6
To: Steelers6
I have been in the market more or less since 1996. Since the precipitas decline that I would argue began in the late summer of 1999 and has never really recovered, I’ve watched my holdings mostly just stagnate. I even had a new investment advisor point out to me the 1st decade of the 2000’s has had almost no growth. I would have been better off having invested in a small lot of farmland.
2 posted on
02/20/2012 5:12:36 AM PST by
MachIV
To: Steelers6
Lots of baby-boomers with money in the market. They are used to good living. As they retire, they’ll be pulling money out. Who’s going to take their place?
3 posted on
02/20/2012 6:19:44 AM PST by
blueunicorn6
("A crack shot and a good dancer")
To: Steelers6
The Plunge Protection Team is working overtime.
5 posted on
02/20/2012 6:44:21 AM PST by
dfwgator
(Don't wake up in a roadside ditch. Get rid of Romney.)
To: Steelers6
If you are all in the market right now, take some money off the table,And put it where? Real Estate or gold and silver coins?
6 posted on
02/20/2012 8:46:54 AM PST by
thirst4truth
(www.Believer.com)
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