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To: abb

I put 10K into an S&P 500 index fund a month ago.
My return has been five percent to date. That’s sixty per cent annualized. The next correction will be a doozy.


5 posted on 07/12/2019 1:11:06 PM PDT by sparklite2 (Don't mind me. I'm just a contrarian.)
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The democrats and the fed better get their collusion into high gear to sabotage the US economy next summer


8 posted on 07/12/2019 1:14:39 PM PDT by dsrtsage (For Leftists, World History starts every day at breakfast)
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To: sparklite2

RE: The next correction will be a doozy.

Put a trailing stop to consolidate your gains.


11 posted on 07/12/2019 1:18:26 PM PDT by SeekAndFind (look at Michigan, it will)
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To: sparklite2

“The next correction will be a doozy.”

Based on what? Is it your belief your S&P Index fund will actually return 60%? It won’t.

The markets are fairly priced and while there may be a pull back or correction, which is normal and even healthy.I doubt there will be a crash as you seem to believe at least not due to what used to be referred to as “irrational exuberance”.


33 posted on 07/12/2019 3:01:55 PM PDT by billyboy15
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