As someone with only a casual knowledge of economics... I figure the stock market will continue an upward trend for awhile, boosted by the stimulus checks. At some point, reality will set in and drive the market down. I am holding retirement funds for the time being with an eye toward withdrawing at some point before the downturn. The question is, when will that be? It seem that your accountant agrees. I wonder what his/her, your thinking is on that topic.
someone here posted it will be this july when mainland china celebrates the 100th anniversary of the chinese communist party by invading taiwan.
We figure that as long as there are negative interest rates in Europe the danger of inflation is less and the stock market correction as well. We have yet to see the euphoria of covid crisis ending. Not sure what that will look like but I suspect better than today in spite of what today is.
There has to be a reckoning for all this money printing. Doesn’t there?
When you figure out the signal for when to sell let me know because I don’t know what it is until it is too late.
For DECADES I have seen many doomsayers say TEOTWAWKI is around the corner. And I've discussed with several people the pros and cons of going all-in on fear or insouciance (though on FR there are more of the former than latter).
On day it WILL be Really Bad, be it right before Jesus' return, getting hit by a bus, or another Springsteen record. I'm not an IA nor do I play one on TV, but until then, a balanced portfolio of assets including food, water, books, ordnance and financial instruments would serve most people well.