tomfly
The only thing left should be foot prints.
I am taking a new strategy for my retirement accounts. I am done riding the rollercoaster. I have retrieved all of my losses from 08 and some modest gains. I moved all of my retirement assets into a safer fund that has immunity from the bubble burst.
I don’t believe the gains in the past year are sustainable. Leading me to believe it is just another bubble to lure unsuspecting investors back onto the rollercoaster. I have found nothing in the economic environment a part form federal intervention that warrants the unprecedented market inflation. Unemployment situation has not changed. The federal debt is escalating. Congress is a do nothing entity. I believe the pin is on the balloon just waiting for a push. If and when the markets corrects, I will reinvest and get out at the next bubble pinnacle.
I don’t believe the gains in the past year are sustainable. Leading me to believe it is just another bubble to lure unsuspecting investors back onto the rollercoaster. I have found nothing in the economic environment a part form federal intervention that warrants the unprecedented market inflation. Unemployment situation has not changed. The federal debt is escalating. Congress is a do nothing entity. I believe the pin is on the balloon just waiting for a push. If and when the markets corrects, I will reinvest and get out at the next bubble pinnacle.