Very likely to start or occur Monday morning October 4th. 2021 or soon after. Be prepared to sell your stocks. This is likely to be the worst and final crash before a great reset.
And the day we have prepared for is drawing near... When they shut down the internet, know I will be wishing the best for all of you who voted against the democrats who pushed for the end of America, and the world as we know it.
Fight like a Brave!
I dont doubt that there will be a major correction in the stock market some time in the future. But not anytime soon, and for several reasons; 1) the big investors like big government spending. 2) the Fed's are in Biden’s back pocket, and they love big government spending. 3) any serious downturn in the markets will just lead to more big government spending programs. 4) the so-called infrastructure bill will help drive the markets even higher.
I keep a certain amount of cash and gold/silver on hand, enough to last a very long time, but the bulk of my money is still invested in the stock market. Its been very good to us.
People have been preaching the collapse of the stock market for many years. I dont listen to the doom and gloom "experts" any more. During my lifetime they've all been wrong. Or at least mostly wrong.Us too and that is why my husband won’t take the money out of it. Yes, we have other money plus gold and silver. If that Clif High is correct, we will lose most of it.
People have been preaching the collapse of the stock market for many years. I dont listen to the doom and gloom "experts" any more. During my lifetime they've all been wrong. Or at least mostly wrong.
Remember that idiot obama? Everyone thought he was going to cause the market to crash. We did very well during those dark years in spite of him.
Today's market isn't like it was years ago when most investors were conservative investors. Now days there is nothing conservative (I dont mean politicaly minded) about the large investors. The majority of investments today are made by corporate investors; IRA, 401k, insurance, banks etc.
Prior to my retirement I always managed mine and the wifes investment portfolio, and did very well. Once we moved on to the ranch I no longer had the time to manage it myself. We turned all of our stock and retirement accounts over to a professional money manager. She and her team have done very well for us over the years. We're happy, plus she invites us up every year for a cruise on her boat.We have a great investment firm handling ours. There have been many times when the markets went down and we gained or lost very little. There have been times when the market went up a bit and we gained a lot...so I’ve never had a complaint with them. The guy who handles ours is always fast to answer email or phone calls too.
People have been preaching the collapse of the stock market for many years. I dont listen to the doom and gloom "experts" any more. During my lifetime they've all been wrong. Or at least mostly wrong.
Remember that idiot obama? Everyone thought he was going to cause the market to crash. We did very well during those dark years in spite of him.
Today's market isn't like it was years ago when most investors were conservative investors. Now days there is nothing conservative (I dont mean politicaly minded) about the large investors. The majority of investments today are made by corporate investors; IRA, 401k, insurance, banks etc.
I do agree, but will it be in our lifetime? No body knows. If the markets do collapse I don't see it being across the board. Even during the last real depression there was money to be made in the markets. Even if we lost 100% of our stock investments, which I doubt that would be possible, we'd still be ok. If I look back over the 40+ years that I've been in the markets my money has doubled many times over the years. Plus I'm debt free.It will collapse at so.e point, so considerate it gambling. Be prepared to lose it all at any time.
I think you brought up a good point there about being debt free. Unless you are debt free I don’t think you have any reason to be in the stock market. Many so called financial experts will disagree with this but since there is some risk involved in the markets I’m confident that paying off all your debts first is wise.I do agree, but will it be in our lifetime? No body knows. If the markets do collapse I don't see it being across the board. Even during the last real depression there was money to be made in the markets. Even if we lost 100% of our stock investments, which I doubt that would be possible, we'd still be ok. If I look back over the 40+ years that I've been in the markets my money has doubled many times over the years. Plus I'm debt free.
I agree with you, almost 100%. About 15 years ago I saw that I wasn't going to reach my goal for early retirement. So I leveraged everything I could and bought stocks, lots of stock. Stocks were low at the time. Plus I bought a lot of real estate. At one time I was almost $1,000,000 in debt. It was a huge gamble but for me it paid off big time. I wouldn't recommend anyone doing what I did. I didn't tell my wife what I was doing either. In a couple of years I was debt free, paid the ranch off, built the house, barn and everything else, plus retired early and lived off investment interest for the last 7 years.I think you brought up a good point there about being debt free. Unless you are debt free I don’t think you have any reason to be in the stock market. Many so called financial experts will disagree with this but since there is some risk involved in the markets I’m confident that paying off all your debts first is wise.
If I still had access to the internet, and if I wasn't living life here on the ranch, I might consider managing my own money again. But what I pay for professional money management, and what my returns are, is money well spent.Investing is long term.. It's the only game in town and only way to grab some of that fake money being printed and injected by the fed. I have enough in treasuries, fixed income and property to make it at least 8 years IF I was unemployed.. And the rest, about 70%, is aggressively invested in total market mutual funds, but I don't pay some advisor >1.5 % to watch them.. The expense ratio's for my vanguard funds are all under 0.04%. I use a three fund portfolio which has brought me a average of 9% a year and this next correction, which might be a doozy, I consider a buying opportunity.. Especially since the fed will continue to print and inject for the near future. The trick is the entry point, not exit..
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