OMIGOD, sell all your stocks now! Buy gold and canned goods. Yes, we are overdue for a correction but if the Fed was really worried about a crash, they would be lowering short term interest rates, not keeping them locked in. And long term mortgage rates are creeping up just a bit.
No one can predict a Black Swan type even but I think I will keep my money in the market because there aren't very many good alternatives out there right now. If I had listened to you three years ago, my nest egg would been a quarter of what it is right now.
Thomas Sowell: There are no solutions, just trade-offs.
