Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Vermont Lt

One no longer needs financial shrewdness to invest. One needs only do what the Fed does. Buy when the Fed buys, sell when the Fed sells. Why would you do otherwise?


5 posted on 05/12/2020 7:59:26 PM PDT by fhayek
[ Post Reply | Private Reply | To 3 | View Replies ]


To: fhayek

People have been doing that ever since “the Greenspan Put” in 1987. It will work until it doesn’t, just like every other guaranteed investment strategy.


10 posted on 05/12/2020 9:21:54 PM PDT by Pelham (Mary McCord, Sally Yates and Michael Atkinson all belong in prison.)
[ Post Reply | Private Reply | To 5 | View Replies ]

To: fhayek

You are correct.

Although...call me a purist, but the Fed should not be picking winners and losers. Although, lets not kid ourselves—that is what they have been doing to more than a century.


18 posted on 05/13/2020 6:13:28 AM PDT by Vermont Lt
[ Post Reply | Private Reply | To 5 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson