Kid, I have been investing for 35 years have done well enough to laugh at Chicken Littles like yourself. I have had an average ROI since of 14.65 annually since 1979, and only one slight down year (2008). Can you make those kind of claims? Educate yourself, and improve your level of understanding of the financial world before making ridiculous statements.
Can things get tough?, sure..... that is why I will venture even a bearish 50% correction. Still, diversification (including positions in gold and real estate) is a hedge against significant bear markets.
By the way making ridiculous claims like buying Euros , while the dollar is finished does not help your credibility. I generally choose to discuss financial "things" at FR who at least know a little bit about what they are talking about.
i.e correction 14.65%
The world will not always follow your script. Right now, we are following what in terms of logic for investing? Can you tell me?
The Stock Market is so over priced it is frightening.
Obama has ruined the economy, real manufacturing is in the toilet, unemployment numbers are a nightmarish levels, those on the government dole are at frightening levels, inflation rates are being lied to the American people, the Fed is keeping rates at near Zero so that the very few can profit, those who have committed crimes are winked at, but you got this all in check some how.
Amazing.
How are you so amazing?
The US Dollar is finished. The Russians and Chinese will see to that. Hello SDR.