[Leaning Right]

Bad times are ahead. No doubt about it. But the saying goes, economists have predicted 5 of the last 2 recessions.

So I think I’ll stay the course, and stay diversified. A little bit of this, and a little bit of that. Stocks percentage = 100 - age.

And some bottled water and Dinty Moore beef stew in the basement.

[TexasGator]

” Stocks percentage = 100 - age.”

I am 77. Except for my house I am 98% in stocks.

[roadcat]

Bad times are ahead. No doubt about it. But the saying goes, economists have predicted 5 of the last 2 recessions.

I listened to economists over the last few years saying the market would crash, and pulled a lot of money out of the stock and bond markets and placed it in cash positions. But... no crash. I would have made a lot more money than I did. But at least I have safety in having a large cash position.

Now the predictions from economists are getting alarming. First I was hearing mid-2025, then early 2025, and so on, then August 2024, and now they say July 2024 the market will crash bigly. I guess I will be selling off some stocks this month!