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Then put your money where your mouth is and short the market, because your opinion about the direction of the economy is not supported by either facts or public
by creaghpatr 8y ago
Then put your money where your mouth is and short the market, because your opinion about the direction of the economy is not supported by either facts or public opinion. Perfect opportunity for you to get rich.
- metalliqaz 8y agoI am not shorting the market, that doesn't make sense for my situation, but I am betting against it. Rather than buy shares of stock-based funds, which I consider to be overvalued, I stopped adding cash to my IRA and started sending the money to the mortgage company instead. That way I get a guaranteed 3.75% return. 3.75% may be small compared to the long-term returns of the market, but it's awfully attractive compared to a net negative return on securities that lose value over the next few years.
- vinhboy 8y agoMe too... I sold all my stocks. In the process of deciding what to do with my money to safeguard it against a Trump recession. It hurts to watch the market continue to climb, but I am confident Trump's short-sighted actions will cause pain. Putting my money where my mouth is, as they say.