What if you only invested on market peaks.

as to investing in the market's somewhat clouded 'peak,' here is what the Prez Trump's Treasury Secretary Steven Mnuchin just predicted about stocks:

... 'they'll crash if Congress fails to pass a tax bill. He's also the fellow who has said that tax reform would be done by now.

There is "no question" the market rally has baked in the expectation of tax legislation, the former Goldman Sachs (GS - Get Report) executive said in an interview with Politico. He said he believes markets will rise if Republicans manage to pass a bill and warned things could go south if they fail.

"I think to the extent we get the tax deal done, the stock market will go up higher," he said. "But there's no question in my mind that if we don't get it done you're going to see a reversal of a significant amount of those gains." '

https://www.thestreet.com/story/143...hout-tax-cuts-wall-street-says-maybe-not.html
 
Bear said:
as to investing in the market's somewhat clouded 'peak,' here is what the Prez Trump's Treasury Secretary Steven Mnuchin just predicted about stocks:

... 'they'll crash if Congress fails to pass a tax bill. He's also the fellow who has said that tax reform would be done by now.

There is "no question" the market rally has baked in the expectation of tax legislation, the former Goldman Sachs (GS - Get Report) executive said in an interview with Politico. He said he believes markets will rise if Republicans manage to pass a bill and warned things could go south if they fail.

"I think to the extent we get the tax deal done, the stock market will go up higher," he said. "But there's no question in my mind that if we don't get it done you're going to see a reversal of a significant amount of those gains." '

https://www.thestreet.com/story/143...hout-tax-cuts-wall-street-says-maybe-not.html
Click to expand...
I don’t have any faith that a significant change of tax law will occur and I believe the majority of Americans agree.
 
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