Your posts the last 2 months will likely not age well, much like your DGAZ purchases. Remember when you said US interest rates would be negative within 2 years, posted 3 years ago ? Uh, no, they hiked several times since . Remember when you claimed even one rate hike would crash US equity markets ? Uh, no, US markets went up roughly 50% since then and have given back maybe 10% of that 50% recently. The chance of a "roaring bear" the next 15 months is almost negligible. You act like it's a certainty. You're a clown.
Yes I did say rates would be near zero and negative ...and as you can see higher interest rates are now being blamed on this recent market fall, nearly every single person but the fed is yelling at the fed to stop raising rates or risk bringing economic growth to a grinding halt.. Cramer even said that people will wish they sold all their stock holdings at these market levels if the fed raises rates in December and doesn't change their tone about rate hikes in 2019, which tells you the market is whining like a little bitch because a simple 2% fed funds rate is just too "hot" for the market to handle.....anyway rates will be back to 0% once this collapse takes place and because the fed didn't raise rates back to the 4-5% range they won't have much to go on at zero percent so negative rates will be the markets next best friend when the economy goes into a deep recession and the markets toich down on another finalcial crisis..... And as for my DGAZ purchase...my cost average is at $4.02....not worried one bit ...looking for at least a 30-40% gain!!!!
Oil is plummeting If this doesn't signal an economic slowdown I don't know what does... This is the same oil that every single talking fool just 2 months ago said that it was going to $100+ a barrel..... Oil is in a complete bear market and stocks are headed there very soon.
Thanks for caring ...no worries....still holding on .. Does not make up a large percentage of my portfolio
I own it in 2 portfolios One with a cost average of $4.02 Second account cost average at $4.40 Reverse split comes monday 1 for 20
Old School Warren Buffett's days of stockpicking may be over, buying at the top of AAPL. AAPL has many competitors who are prepared to offer a product to market without the need to rip off both young and old.
I don't necessarily thing apple is bad but when buffet was talking about how amazing the iPhone is and how consumers had such a useful tool in their pocket made me wonder if he knows what other technology is out there. Same argument can be made about all smartphones
You live in a fantasy land that has very little bearing on the real factors that move markets. In fact, it is not higher interest rates that are being blamed by intelligent analysts, it is the economic uncertainty and reality of Trump's trade initiatives. This has been true all year. Countering that is the 20% year-over-year increase in corporate earnings and the fact that on a forward P/E basis US markets aren't even expensive anymore. In Canada, markets are actually somewhat cheap on normal valuation measures. US markets can go in either direction now but likely not in a lasting big way in either direction. The big down side ideas are probably at least 15 months early even if one buys into the chance they will occur. If markets start rallying it will stun guys like you who will either lose money fighting it or be paralyzed with confusion in cash ( just like what occurred in 2016-2017 once the correction ended ).