Quote:
Originally Posted by OneHungLo
My guess is the stock market will continue on to 30k in 2018. RE could still be flying as well...IMO thanks to Donald. Guess we can bump this in 2018 if I'm right, let's not if I'm wrong  |
I don't doubt it may go higher yet. But for what reason.
Everyone wants a return on investment.
If you have been in the market after Obama took office in 2008-2012 when stocks were at one of the lowest points, it's time to get out.
just a list of speculative buys.
the best 2 anyway...
AAPL
[email protected] in 2008 = 3858 = today 51,909
FB
[email protected] in 2012 = 9230 = today 92,165
But there is also some non techs that did just as well like MMM and CAT if you got in at the right price after the collapse when the market was
undervalued by far.
How much more upside can I get by holding them ?
They will never return that much dividend to me in the rest of my life.
A gain never realized is not a gain. It creates this other bad conduct called the wealth effect where it encourages folks to spend more based on the value of their portfolio that is now
overvalued.
(spending money you really don't have unless you cash-out)
If I sell now and take 1/2 of all those 'realized' profits and wait for the right time to short the market,
I will probably grow that money yet again by 30 %
You will never make money in the market doing what everyone else is doing.
Just like most larger corporations, folks make the most money by making people a predictable commodity. Investments and finance is on top of that list.
But the entreating question for me now is, how low and how long.
Because when I think we are there, I buy-in again at probably 50-65 cents on the dollar.
But I think canibus and big pharma making opioids is a better investment right now.
Folks will be taking the losses hard. LOL
edit: boom bust works very well for me.