I mean, I definitely had some nice gains this past year, but I'm playing the long game. I don't think the current trajectory is sustainable. In fact I think there will be a hard correction in the coming year or two.You lost out on the gain from the most of the indices this year to wait for a fall that's yet to take place?
https://advisors.vanguard.com/iwe/pdf/DecPodcastTranscript.pdf?cbdForceDomain=true great listening/reading. I have to agree with the outlook. It's not going to be great but it's going to be multiple years before there will be a big correction. One piece of advice I liked was that in ten years you'll be kicking yourself that you weren't buying even if there was a correction because nothing will be as cheap it is today!I mean, I definitely had some nice gains this past year, but I'm playing the long game. I don't think the current trajectory is sustainable. In fact I think there will be a hard correction in the coming year or two.
I wish my 401k could be with Vanguard.I love Vanguard.
So how low will it go and when will that drive for that low point start?
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It's already being tapered. Like the article says, watch and see what the professional investors are doing. They are getting out in droves. The trends aren't looking good. A serious economic downturn will be awful for many careers but I have some money set back to buy buy buy when things get low low low. So I'm not unprepared for it. I just hope it's not serious enough to impact aviation... Even though I'm sure that's just a pipe dream.
@Boris Badenov still waiting for your uprising.
In other news, more recessions will happen, the economy will have ups and downs. Thanks Obama.
Save now, buy when the recession hits, make money. All your homes, are belong to us.
@Boris Badenov still waiting for your uprising.
LOL. You take me for rube comrade? PhhtawHey, I'm just the idea guy. We need a bullet catc...er leader out front waving the banner. Say. now that you mention it, YOU seem like a tough, decisive kind of dude!
As for save now buy later, the real bastard cynic in me says borrow now, save later. People who save wind up bailing everyone else out in one fashion or another, every time.
Happens every 8-10 years, without fail.
I start getting nervous when the media starts getting too optimistic about the market. Usually means the latecomers will start piling in, buying into large-scale institutional selling. I think we're already seeing it, or at least the start of it. There's also some divergence between indices, with the small-caps flattening out this year. The sharp drop in oil futures isn't exactly a great sign, either. Just some thoughts.
Helllooooo asset bubbles.I've been considering the possibility of a selloff sometime in 2015-2017, as well. The markets have been on a tear since 2009, and with interest rates starting to increase soon, stocks are going to take a hit. Watch for an increase in volume with a lack of, or very little, continued movement to the upside.
Doesn't mean there'll be a full recession, but something to watch out for anyway.
In other news, more recessions will happen, the economy will have ups and downs. Thanks Obama.
Save now, buy when the recession hits, make money. All your homes, are belong to us.
@Boris Badenov still waiting for your uprising.
http://www.telegraph.co.uk/finance/...-warning-signs-of-a-market-crash-in-2015.html
These get released every quarter of every year. Scare tactics get clicks, which gets websites advertising money. But there are some interesting points and trends in the article. Worth a look.
BEEN THERE, DONE THAT!!!! Like 3 or 4 times now. What a chump, huh? Acting responsibly is for douchebags, like me. Sucks to be me.As for save now buy later, the real bastard cynic in me says borrow now, save later. People who save wind up bailing everyone else out in one fashion or another, every time.
Well, I mean, when the guys that caused the last crash become the next generation of regulators. ..But no, more regulations are bad and will only hurt the economy!
Doesn't it sort of concern anyone that if these various dismal predictions are correct, the only reason our economy even sort of got going again was that the fed was lending money basically (or in some instances actually) for free? I mean as far as I can tell there isn't a material asset bubble like the real estate one going, it's more of, well, a currency bubble which seems like it should be a little worrying. But then again all the talking heads who stand to gain from the repeating cycle tell us that's normal so I guess imma get back to the dirt farm like the rube I am...Helllooooo asset bubbles.