The reason investors put money in stocks rather than leave it in bonds because they think the market can guarantee them a minimum of 15% in return. There's people out there actually think the dow will continue to go up for the next 10 years. The Japanese once thought their market
was invincible too and that the Nikkei will cuntinue to climb hi-ya and hi-ya. They got a gargantuan boom, the nikkei went to mars, the whole world kiss up to them including the american. Well, just look at them now a perfect basket case. The market we're in now cannot handle any unexpected event or surprises. The dow is very fragile right now, any surprises can trigger a eternal bloodbath on wall st. I'm not trying to be a bear monger, but just want to let out the truth and nothing but the truth of what we're in now. The Japanese buys a lot of U.S bonds but very soon millions of Americans will be joining them if you know what i mean. Armageddon is coming, you will soon see Doctors, lawyers, accountants, teachers, directors, managers, waiters, janitors, nurses, taxi drivers, and etc., pulling out of stocks and moving into bonds and cash.
Back in 1989, buying a mansion in the bridal path will cost you 15 million dollars. Today, the listing price is $5,000,000. Bridle path is the most prestigious location in Toronto. At that time, a B-CLASS building near bay st. can fetch as much as $18,000,000. Now, you can pick one up for $5,000,000. That was the real estate boom in Canada, during that period everyone wants to own real estate. If you don't buy it now is going to go higher next month. Speculation was running high back then & speculation is running high now with U.S Stocks. |
