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bobbobwhite's
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Have not bought tech stocks since 2000 and won't ever again. Recessions and depressions make it clear to me that stocks representing companies whose products are needed all the time no matter the economy are the ones to own, if any. Some even do as well or better in a down economy, like alcohol and smokes.
Dec 17 14:52 pm
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All Comments by bobbobwhite »Five Signals the Tech Slump Is Nowhere Near Over [View article]
Bottom line: A top market guy I know says AT LEAST 1/3 of all market investors will never return to the market after this latest debacle of deception and crime and that we will never again see the stock market be nearly as powerful or charismatic as it has been in influencing the lives of Main Streeters.
I agree.