The Stock Market (Dow Jones Industrial Average) is currently up, but about to CRASH heavy soon. It may not be wise to hold on to stocks right now (regardless of what the news outlets are saying). (I am not a financial adviser, only sharing my opinion.)
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@whowasthatmaskedman And it is that greed that will bring it down again with a crash. Happens too often. Greedy people destroy peoples lives by wiping out their life savings.
You may be correct. But frankly I expect more of a multiple crunch affair, with the thing losing 5% to 10% each time, then clawing a little back before going again.. Its not about the math.. Its the human factor that makes me think people wont panic the thing into free fall in one hit.. I would love to have a crystal ball to tell me what the indices will read at the end of October.@AndrewDavis
@whowasthatmaskedman Wall Street is pulling out Billions/Trillions from the stock markets this year, which is likely the bigger factor in this developing crash.
@AndrewDavis I doubt the conservative money will.. Crytos have Titanic written all over them . Too easy to manipulate and the current banking system wants to see them fail. If it heads into gold and similar wealth preservation commodities, its going to be a dark and stormy night.
And I am your old school "get rich slow" value investor. Like Buffett, I see no real value out there now. The signals are all wrong. On that one we are just going to have to agree to differ.@AndrewDavis
