The revolution will not be televised.
Wall Street always wins. Always.
Technically we are still in a long-term bull market. My rules are: long or cash in long-term bull markets and short or cash in long-term bear markets. Some short long-term bull markets and go long long-term bear markets. It's betting against the odds. During corrections I prefer to take it slower, sit in cash, and enjoy a good Bordeaux or Bourgogne.
This is just the beginning. You will thank me when the S&P 500 breaks below 1400. Take it from a pro. It's time to ring the register, fill up the cave with good wine, and watch from the sidelines. I will tell you when to get back in.
I got left holding the bag in 2000 and again in 2008.
Threes a charm. Do I buy now?
Hi there, this is Aunt Millie. I lost 60% of my retirement in 2008. Scared the jib-ens out of me! Since then I've had what's left of my life savings in CDs that pay 0.75% per year. The stock market's been going up a lot lately. That smart boy Ben Bernanke sure looks like he knows what he's doing. I'm thinking it's probably safe to go back into the market now?
Hi. This is Aunt Millie. I just dumped my life savings into SPY based on your recommendation. Thank you.