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Reply to "Market feels very overvalued--go to cash for a while? "
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[quote=Anonymous][quote=Anonymous]I don’t think any asset, except gold, energy and consumer staples, is really safe when the fed’s cooking the numbers and unemployment figures. Honestly, the stagflation is coming. It’s just a matter of time. Prices are rising all over the place and 99% of people is blissfully think g La de fking da the market only goes up. No dude this isn’t TDS. This is reality. Your stupid Tesla stock is going to crash soon.[/quote] You said the same thing back in April of this year and were proven wrong then. Of course the market will go down at some point. You keep buying. Then it will go back up. You ride it out and don’t miss out on stocks on sale or the big run ups that inevitably occur in the aftermath of a big correction. Or are you saying the financial markets are doomed forever? If so, we all have much bigger problems to worry about and I don’t think investing in gold is going to do anything for any of us. [/quote]
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