Jesus... who do you believe?
-
These guys spend half their lives telling us what is going to happen, and the other half explaining why it didn't.
-
@kluurs said in Jesus... who do you believe?:
The answer to the question is "yes."
or possibly "no".
-
Inflation, if figured by 1980 standards, will be 15% this year. There can be no Volkman approach, because the economy wouldn't even generate a dead cat bounce if interest rates were raised enough to tamp down the inflation.
I darn sure would stay out of the bond market, and a lot of NASDAQ-type growth stocks. And I'm not going the cryptocurrency route.
Blue chips, gold, real estate, at least for me.
-
Inflation, if figured by 1980 standards, will be 15% this year. There can be no Volkman approach, because the economy wouldn't even generate a dead cat bounce if interest rates were raised enough to tamp down the inflation.
I darn sure would stay out of the bond market, and a lot of NASDAQ-type growth stocks. And I'm not going the cryptocurrency route.
Blue chips, gold, real estate, at least for me.
@jolly said in Jesus... who do you believe?:
gold
Gold confuses me. It's supposed to be your classic inflation hedge. I was going to buy some earlier this year - but didn't because I couldn't see a pattern.
It's actually down from where it was in Dec/Jan.
-
If there's one thing I've learned in the last 15 or so years, it's don't come here for financial advice
-
If there's one thing I've learned in the last 15 or so years, it's don't come here for financial advice
@doctor-phibes said in Jesus... who do you believe?:
If there's one thing I've learned in the last 15 or so years, it's don't come here for financial advice
I was pumping apple here three years ago when it was trading at $37 (split adjusted), now it's $178.
-
@doctor-phibes said in Jesus... who do you believe?:
If there's one thing I've learned in the last 15 or so years, it's don't come here for financial advice
I was pumping apple here three years ago when it was trading at $37 (split adjusted), now it's $178.
@horace said in Jesus... who do you believe?:
@doctor-phibes said in Jesus... who do you believe?:
If there's one thing I've learned in the last 15 or so years, it's don't come here for financial advice
I was pumping apple here three years ago when it was trading at $37 (split adjusted), now it's $178.
Sure, and other people would be saying 'DON'T INVEST IN STOCKS, WE'RE ALL GONNA DIE!!!!!'
-
-
@improviso said in Jesus... who do you believe?:
Heh... S&P 500 just closed at an all-time high.
So did juggernaut AAPL! AAPL has around 5x gains since 12/10/2018. S&P has around 2x gains. So much for how hard it is to beat the market... if one chooses a solid stock, accepts risk, and concentrates ones money.
