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To: expat_panama
I have been investing since the late 70's, and I have not ever seen such a protracted period of time of where there basically is no where to invest.

That is why the markets are so oversold, and why there is so much cash sitting on the sidelines. Never in my life would I dream I would do a dance for a 5% return.

You guys may want to shoot me, but I'd like to see about a 10-20% correction in equities, so we can bring some sanity and normalcy back into the equation.

10 posted on 05/19/2014 6:01:05 AM PDT by catfish1957 (Face it!!!! The government in DC is full of treasonous bastards)
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To: All

I bought DTV the other day in the mid 80s when T said they were going to buy it out in the high 90s. I’ll unload today if it pops. Regulators could derail this buyout so it’s just a quick time trade.


11 posted on 05/19/2014 6:07:20 AM PDT by BipolarBob
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To: catfish1957

I’m fine with a 10-20% drop in equities...if I know it’s coming :-)


13 posted on 05/19/2014 6:13:23 AM PDT by Wyatt's Torch
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To: catfish1957
You guys may want to shoot me, but I'd like to see about a 10-20% correction in equities, so we can bring some sanity and normalcy back into the equation.

You will. It's estimating the WHEN that's tricky. Several months ago, I read a bio on Hetty Green, the richest woman on Wall Street. One of her maxims was to keep a stash of ready cash, so as to take advantage of a distress sale when the opportunity arose.

14 posted on 05/19/2014 6:47:27 AM PDT by abb
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To: catfish1957; abb; Wyatt's Torch
like to see about a 10-20% correction in equities, so we can bring some sanity and normalcy back

Interesting, we’re all in agreement with this. Personally, I’d just love to see a bit more clarity here.

15 posted on 05/19/2014 7:01:32 AM PDT by expat_panama (If you can't explain it simply then you don't understand it.)
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