Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
”I don't listen to the doom and gloomers, and I don't listen to the people that say stock prices are going higher than you can ever imagine.”
But some people might. I think that’s what’s behind Ol’Skeet’s query. All are entitled to express an opinion. But it’s helpful (and potentially more meaningful) to lend some support to our assertions, be that opinion based on charts, numbers, trends, deductive reasoning, personal experience, authoritative writers / commentators, the Jim Cramers of the media world - or a Ouija Board.
I think this was just a wake up call to take some profits and not stay 100% invested. Stop fretting what will happen. If you are 100% invested, just sell a little and go away. It's not going to matter that much.
When $USD starts going up, International and EEM are going to go down in relative terms to US stocks. Sell your least favorite international fund a little and buy your most favorite us stock fund a bit.
Comments
Let's see if the Fed cuts rate / goes to negative interest rates. In the short term at least stocks have to go up then
Never confuse all the doom and gloom promoted by the talking heads on trash TV with NORMAL MARKET VOLATILITY.
"Stock prices are going much higher - higher than you can ever imagine."
How so? And, in what period of time?
Thanks.
Old_Skeet
When $USD starts going up, International and EEM are going to go down in relative terms to US stocks. Sell your least favorite international fund a little and buy your most favorite us stock fund a bit.