Posted on 10/26/2018 7:55:29 AM PDT by Obadiah
Taking all of these factors into account, I believe we are going through a necessary correction prior to the next upleg, which should occur after the mid-term election, regardless as to whether the Democrats take control of the House of Representatives or not. Earnings will continue to drive the market and the prospects for earnings growth in the U.S. for 2019 remain strong in spite of what is happening elsewhere in the world.
(Excerpt) Read more at realclearmarkets.com ...
Fully agree with the assessment.
I ask because over 25 years my investments have tended to lose in a year what it took 3 or 4 to gain.
OR
Is it possible that Deep State Multi Billionaires are manipulating the markets ahead of the Midterms?
“Earnings will continue to drive the market”
Past, present and future it is always about earnings.
I think that is a distinct possibility based on a couple of factors.
First, we know the Deep State is real and are playing for keeps. They can move with international support to move the market.
Second, there is a lot of day trading now that is based upon algorithms. I would suspect that it would be very easy to tweak these for subtle but deliberate reasons (see point #1).
However, the bottom line seems to remain and it is totally what I have been basing my portfolio on since early January 2018. Once we get through the mid-term election I believe the market will begin to rise. How quick or how fast will be interesting to see, but I think the market goes a pretty good way up after the election. The only caveat being is if Democrats take the House and resume their crazy talk.
waiting for Krugman’s “See, I told ya so”...
Have you ever though that you might be in the wrong investments?
I say this because mine tend to rise more quickly and come back faster than you indicate.
Thanks for the reply. Yes, many times. I am no financial guru, and most of the time I have entrusted my savings to "professional investors". This is the end result.
I guess it doesn't surprise me that things go down five times faster than they go up. But after about five or six cycles of that, it's gotten old.
Question would be, what are the "right" investments? Seems like I ask ten different people and will get ten different answers.
And the market wonks will try to tell youit goes up as fast as it goes down. We both know this is horsespit. You can see it in the charts.
Gauging the number of comments here and the other thread and the news, most could not care less about this correction or whatever it is. Of course, what can one do anyway?
As mom used to say, “Tie a knot in the end of the rope and hang on.”
I do believe that the deep state multi billionaire democrats are manipulating the market. Next week, the news will be that it is all Trump’s fault.
Two weeks later look for the rebound.
I am a strong believer in low-cost index funds. These days there are exchange-traded funds which act just like stocks, but are really low cost index funds.
A lot of people do pretty well just buying and holding SPY, which is a S&P 500 fund.
If you are more venturesome, QQQ is the NASDAQ 100 fund, which is a lot more volatile than the S&P 500. More gains in good years, more losses in bad, but over the past decade, certainly more gains.
Put half your money in each one and pretend you are Rip van Winkle.
Send the "professionals'" kids to community college and retire like a prince.
Good advice.
bbb
All I know is after a quarter of a century, I would have done almost as well just stuffing it in a pillowcase. Which is still an option, I suppose!
Just look at what those recommended index funds have done over the years. It seems the objective of “managed” money managers is to feed off of your labor and savings “managing” any gain from your pockets to theirs. That also includes fund managers feeding at the trough.
You can’t get much more diverse than an index fund and that does not include the dow, too narrow.
Going forward is the only real factor. Avoid paralysis if what you are doing is underperforming and something else has a better track record. You probably don’t have the experience, temperment, time or resources of market intel to be a trader. I surely don’t
I can guarantee that if you keep doing the same as you have been the results will be the same as they have been.
^^ TRUTH ^^
I have seen studies that show about half of all the gains from investing end up in the pockets of the "professional" money managers.
Managers hate guys like me who have learned to do it themselves and keep all of their gains. Even worse, I am teaching my kids to do this also -- and anyone else willing to listen.
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