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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 398.55-0.2%4:00 PM EST
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Tommaso
To: TobagoJack who wrote (108878)12/9/2014 9:34:39 PM
From: carranza21 Recommendation  Read Replies (1) of 218556
 
I knew the simple 2014 (and 2013) truth: low interest rates = great stock markets. Jeez, it's not rocket science. It's a simple search for yield. Tie your moolah to an index fund and enjoy the ride. But make sure you get off in time because the losses can be harsh. The rest of the story as explained by the talking heads is male bovine manure.

But I didn't get onboard, and not because of principle because, really, in this game principle has damn little to do with it. Instead, I didn't get on board because I thought that anything so flimsy can get its apple cart turned over at any time. Anything built on such a foundation presents problems I'd rather not face. So I stuck with gold. Not worried because even the rumor of an interest rate hike will tank the markets.

Value always asserts itself, in the end.

Net worth not what it was by a smidgen. So what. Not hurting, lifestyle the same. Income good.

Prognosis: good. No, great.

Simply not brave enough to jump on a train wreck to-be, though I'm cautious enough to jump off in time if I had. Rather not have to even lose sleep over it.

Merry Christmas to all from the greatest city in the US.

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