chrisreedrules
Master Blaster
...that we are in for a market correction in the near future? Buffet is hoarding cash. Something he has traditionally done when he thinks the market will turn bearish. Greenspan said last week that the bond bubble bursting would likely signal a run on the market and its anyone's guess what it may lead. Real estate is largely inflated again. Could it be another full-blown recession? What are the resident "market-watchers" thinking on this?
I'm almost fully out of the market at this point. There are many signs pointing to it. I have some real estate that has done phenomenally well the past couple years but many of those opportunities have disappeared in my local area. And as far as investing I've been largely conservative. I'm thinking a 10-15% correction is what we may be due for.
I'm almost fully out of the market at this point. There are many signs pointing to it. I have some real estate that has done phenomenally well the past couple years but many of those opportunities have disappeared in my local area. And as far as investing I've been largely conservative. I'm thinking a 10-15% correction is what we may be due for.