Wrong. There is substantial evidence that dollar cost averaging is a very viable strategy that outperforms over the long run.
You will never make money as long as you believe it's impossible to make money trading. That's your first obstacle. You are probably too old and set in your ways to ever change at this stage in your life.
The key is to know yourself and to have good rules (explicit or implicit if you're disciplined). It took some time for me to find something that worked for me but it's certainly possible for everyone here to make money.
It's always fun to set aside various portions of your portfolio to experimentation and it's important to set aside some money for reliable strategies as well.
You are wrong Pud. We are not even close to collapsing. Changes will have to be made but you're way too doomsdayish.
You are right about the last part and it's why I no longer believe in democracy. Those people are expendable though and you would see how expendable they are if it ever came down to it.
The bull is ending. Some of us see it... some of it don't. Others have seen it and acted on it for years and are down significantly.
Once again the media tried to pass their liberal agenda by assuming hispanics supported illegal immigrations. Even a majority of democrats are against Barry's plan.
It won't happen but I'm just throwing it out there as something that has happened in the past. There are a lot of entitlements and parts of govt that can be cut.
I agree and we are slowly getting there. Once Barry is gone, it will be much easier to get the deficit to zero or maybe positive. There are a lot of things that can be cut to make a difference quit.
The worst case scenario would be nearly a 100% tax rate that the commies want after a certain level of income. It was done in the 30s/40s and would wipe out the total debt in no time. The bears that think the whole system will crash are ridiculous. We are no where close to that level. Still, changes obviously have to be made in order to stabilize the financial system.
A $600B deficit or whatever Barry is spending now is a lot less than the $1.6T deficit he wasted just a few years ago. Hopefully that number continues to go down and be serviceable. The country's total debt never needs to go to zero despite what idiots like Pud think.
You're an idiot. If we balance our budget, they certainly can and will raise rates. Most of the debt out there is locked into low interest rates moron.
You could be right about October. I said a month and a half ago that this is a good chop level to distribute shares since a lot of people will go long because 2000 "is a lock". They had a decent correction but that mentality is back. Similarly, if we break 2000 now, people will think they CAN go long because that barrier is gone.