Home Forums Financial Preparedness Stock market Reply To: Stock market

#1406

Anonymous

There is no stock market anymore. It has been killed in the 80s if not earlier than that. Wall Street is just a casino and if you are into gambling you’re welcome to go there. For me, I stay away and use my money more wisely.

In my opinion, when the crash will come, it will come fast and the main street “investor” will be left with nothing. This time the crash will involve the bond market as well so people who followed some balanced investment strategy will be hit hard as well.

Do I know for sure. Nope. But to my credit I took fair advantage of both the dot com bubble and the financial bubble 10 years ago and have not lost one dime in either because I saw them for what they were. This time is taking longer than I expected thanks to continuous printing of money and issuance of debt but that just means that it will be worse when it happens.

Skip to toolbar