| Stuff it under the mattress or invest? |
| we have performed defensive measures with treasuries and bonds . We are still worried about a major drop especially since we are at all time highs. The continued problems in the jobs numbers, slow down in china and european issues might kill the market and cause a drop. Further more if a re-election of obama occurs there may be a major drop. |
| The markets won't drop because of Obama. the biggest political risk to the economy is war in the middle east. If you dont belirve me look hpw oil futures bouncedcip and down with every bit of newd on iran look how they shotvup when tge press was discussing an attack by israel and dropped when we started talking He is the least likely to allow war to happen. |
| I moved to a cash position today. Smart or stupid? |
I think trying to time the market like that doesn't work in the long run, but there's always someone with anecdata about how they avoided the last big crash. |
I actually got out about a month before the last crash. I think it was september of 2009. unfortunately I didn't call the bottom and started getting back in around 9k, but that was better than 14k. Bullish all the way. Life goes on and all those houses and autos must be replaced at some point in time. Cash earns no interest now and with the national debt at astronomical levels inflation will have to hit eventually devaluing those dollars squirreled away in the mattress. |
| Bull all the way. Dow 18,000 in the next 2 years. |
This is dumb - Obama cannot control the stock market (who is he, God?) When in May - GET AWAY!!! Pull the money out and put it back in around August if things don't look bad then. I'm already out. Better to lose 1% over the next few days or weeks than to lose 10% over the summer. By way of background, I told everybody I know to pull the F out in January 2008. I didn't lose a dime. |
He, is in his mind.
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Depends on your time horizon and investment goals. If you are in your 30's or 40's, then a 20 year horizon suggests being in the market without timing for the dips. Look at the charts since the 1960's.
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Did I say Obama controls the stock market? No. I said that wars drive the stock market down. And yes, oil futures go up and down with the sentiment on whether there will be war with Iran. And congratulations for having timed the market correctly once. The world is full of failed investors who were geniuses once. Oh, I called Cisco. I went all equities after '87. I went straight to bonds / gold / cash / whatever. You're all full of shit, you just haven't lived long enough to realize it. |