Forget Your Fears: 'Everything Is Cheap,' James Altucher Says

Try updating your cash flow projections to something more in line with a 3-4 year period of stagflation, and tell me if it still seems cheap.

thats too much of flash screens before the stats / graph window.

I wonder if you would go up to Bill Gates and say that exact same thing? Just curious.

He's got the BS down pat!

Everything is cheap, but it can get even cheaper!

Just ignore a few billion dollar financial firms blowing up over the next 6 -12 months. The broader economy will be just fine. The market has to go up from this definite bottom. Yep.

The DJ is now 11139. As I Said the bottom is getting near now it will be stable soon from there after a big fall yestarday.This time is moving to a very slow recovery but stable.Nothing to be afraid If the market hit a bit more rocky down but this time a see a recovery on the way, slow but sure.Nothing to fear now correction is getting end by this point , just observe the market will stay in this point northward. Good Luck.The time is about to turn up. Cheer By the year end the Dow Jones is 12500. Yes slow but sure.Starting January 2110 is the start of full recovery. Good Luck happy fishing.

Life in China and India is cheap too. Thats why America is in the sad shape it is in today. The U.S. dollar is worthless, buy gold. It may be just a pretty metal, but when the we're on the bottom you will be able to buy food with it. Everything is cheap especially the clap trap comming from the talking heads.

This guy is laughable. He would say whatever he had to in order to keep investors from fleeing his fund.

Cheap? This guy is a moron. The DOW is still overvalued and in this economic enviroment it will fall harder than the Nasdaq and S&P. Why? The overall Dow Jones is in trouble because it is heavily weighted with companies that will do poorly in this economy. On the financial side, you have Citigroup [NYSE: C], Bank of America, AIG, and American Express. Gas prices will [eat] Disney's earnings, and GM's [NYSE: GM] stock just hit a 26-year low. Worse is yet to come baby!

Someone always makes a comment about this guy's hair. And yeah, Sravinet, I agree. I think the market is vibrating like a tuning fork in anticipation of a buying-fest. People WANT to buy. It's not fear of the unknown, it's fear of not knowing the actual value of these companies. If these companies were actually worth as much as he seems to think, we'd have more of that priced into the market.

Cheap? This guy is a moron. The DOW is still overvalued and in this economic enviroment it will fall harder than the Nasdaq and S&P. Why? The overall Dow Jones is in trouble because it is heavily weighted with companies that will do poorly in this economy. On the financial side, you have Citigroup [NYSE: C], Bank of America, AIG, and American Express. Gas prices will [eat] Disney's earnings, and GM's [NYSE: GM] stock just hit a 26-year low. Worse is yet to come baby!

He's right.

Fannie and Freddie are insolvent. What happens if they blow up? Then next year we get the most liberal president since FDR and big Dem majorities in Congress. Lots of regulation, higher taxes, increased unionization, and the trial lawyers get turned loose to feast on American business. How about Bush invades Iran after the election to really cap things off? I've made my money, and now I'm interested in keeping it. I only have 10% in the market. If that goes down 50%, then the earnings on my other 90% will make it up in a year. I pity the people just starting out.

don't ever try to catch falling knife. Cheap things become cheaper, cheaper, and cheaper.

It's only the start of the bear market, so we should see more bloodsheding. Let's be optimistically pessimistic.

It's only the start of the bear market, so we should see more bloodsheding. Let's be optimistically pessimistic. Can you say 'recession'? The U.S. government won't.

Credit collapse & banking system in chaos - companies can't fund operations via credit; capital base erosion from stock sell-off; only financing available is via self-finance from company operations. Nope. Stocks may be "dirt cheap", but they will get "dirtier cheap".

Everything here may be cheap, may be going down--so what? Just invest in Chinese stocks. They have been going up, in case you didn't notice!

Jim - Did you ever wonder why nobody comments on your comments? What I find truly amazing in this market is that you have a voice? You have been a bull since the market top! How do you have a job or following?