Yep, Fauci's mission is accomplished. Every time the market starts looking positive and Trump starts going up in the polls, he gets trotted out to be the great doom crier. Its amazing that anyone would have any iota of respect for that political animal. He has only the interests of the party in mind and would happily cause irreparable damage to the country to accomplish his goals.
Maybe the volatility is because we are in a freaking global pandemic? Of course there is going to be a lot of uncertainty in the future.
Right now I am mainly buying and holding while slowly disinvesting in the market. My usual dollar cost averaging.
Thomas Sowell: There are no solutions, just trade-offs.
FredHayek wrote: Maybe the volatility is because we are in a freaking global pandemic? Of course there is going to be a lot of uncertainty in the future.
Right now I am mainly buying and holding while slowly disinvesting in the market. My usual dollar cost averaging.
Goldman Sachs says Wall Street's fear gauge is flashing a warning sign unseen since the dot-com crash in 2000......I think U MIGHT be missing the point....THERE IS A BUBBLE AND IT WILL BURST.
I know there is a bubble, but by slowly divesting myself of stocks, I am able to lock in profits and make a lot of money. If I had divested everything three years ago, I would have lost a lot of future gains. Literally 60% of my current worth has been made in the last three years, despite a global pandemic.
Plus after the DotCom bubble burst, if you had held onto your stocks, you would have eventually recovered all your losses and come out way ahead.
Thomas Sowell: There are no solutions, just trade-offs.
