SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Ask Michael Burke
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: geewiz who wrote (34751)10/29/1998 8:23:00 AM
From: accountclosed  Read Replies (1) of 132070
 
I was not meaning a purchase of a car or house as a market timing issue. The scenario of declining housing values, etc. is not lost on me. But...I take far less dogmatic views than are often expressed on si. If any of us knew, for a fact, where markets were headed, we would make bill gates look like a pauper. I wouldn't be working for a living.

What I was trying to say was these markets, in my opinion, are fraught with an unusual level of risk. In both directions (if they will value ebay at 80, who's to say they won't put it to 2000). My point was <<if you really need something>> consider doing it. Life isn't always about market timing. Sometimes I might say to myself this market is crazy and unsustainable. I don't get it. I don't know when sanity will be restored. But I do know the value to me to get rid of that old clunker car that always breaks down. Thinking along those lines.

If investment were the only alternative, like MB, I would consider other options as well as stocks at times. But this is not really the forum for that.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News