[TheRhinelander]

No, don’t believe Barron’s. Believe the lunatic blogosphere who constantly predict doom. My average last year was +15%.

Oh, sorry. Back to our regularly schedule panic.

[MichaelCorleone]

Maybe Barrons is right and maybe they’re wrong. Likewise, maybe the ‘blogosphere’ is right or maybe the predictions of doom are wrong.

Fact is nobody knows the future.

[Kaslin]

Does this look like a blog to you, nuby?

I don't believe that a blog has a $5.00 price on it's cover

[Longbow1969]

No, don’t believe Barron’s. Believe the lunatic blogosphere who constantly predict doom.

To be fair, many of these sites like ZeroHedge are right in pointing out how sick the economy and the markets really are. Just because they are going up and you can make some easy money, largely due to QE4ever, doesn't mean they are healthy.

But yeah, it is kind of comical. Much of the blogosphere, especially the libertarian sites, predict doom and gloom pretty much constantly. If you listened to those sites you'd have missed a massive market run up, have all your money invested in gold coins - which would be packed away in your bug out bag or buried underground at strategic locations. These sites really need to chill out, stop rooting for economic disaster (mostly because they want to be proven right), and admit they really don't know how much debt we can pile up without an implosion. We just may be able to kick the can down the road for many years to come and a lot of millionaires and billionaires will be made during that time.

[1malumprohibitum]

Congratulations on your + 15 % However, when you factor in the true cost of inflation I would imagine that your returns are not quite so spectacular. IMO the new normal will be advancing stock prices that cannot keep pace with the decline in the dollar, so real returns will not be as they appear. There is no other game in town really so it may not matter much until it REALLY matters. YMMV

[cuban leaf]

No, don’t believe Barron’s. Believe the lunatic blogosphere who constantly predict doom. My average last year was +15%.

---

I was discussing stocks with a friend of mine in October of 1999. It was pretty cool how well he had been doing. REALLY well, actually. However, pretty much everyone in the market was.

He got trimmed back to size in 2000, and that is grossly understated. In my case I HAD to take my money out in January of 2000. Thank God. The Lord works in mysterious ways.

My point: You do well until you don’t. And if you are really good, you can make big money shorting the crazy highs. As I’m sure you know, the 1929 (and subsequent) crash made a lot of people rich.