How CNBC Squandered Roubini and Taleb [View article]
Bob Prechter at ElliotWave International is calling for Dow 400 (not 4000), and I infer that would be by 2016 based on some of his other work. Granted, Prechter's work called for caution since 1995-ish but it is all unwinding as he predicted in his books.
How is that for a downside forecast? down 90% just like GD 1.0
Young Jeezy's 'The Recession': I Think We’ve Bottomed Out [View article]
Sharksm and others must realize that if they have been investing for 40 years that their "cycle" encapsulated some of the greatest market gains in history. No World Wars, unprecedented technological innovation and greater access to the markets generated a huge tailwind for you. Those tailwinds do not exist anymore. How much better than the SPX did you do over that time? My guess not much - regardless, bless you for being in their when my parents were buying penny stocks.
Buy and hold aways works if you have the right stocks or the right market - the next twenty years will not give us the same opportunity you had. Read Shillers "Irrational Exuberance" first edition for more on those tailwinds.
For goodness sake, it appears that less than half the commentors even read the headline, let alone the article. This is not about dividend yields!!! My faith in the intelligence in this industry wanes on...
How CNBC Squandered Roubini and Taleb [View article]
How is that for a downside forecast? down 90% just like GD 1.0
Young Jeezy's 'The Recession': I Think We’ve Bottomed Out [View article]
Buy and hold aways works if you have the right stocks or the right market - the next twenty years will not give us the same opportunity you had. Read Shillers "Irrational Exuberance" first edition for more on those tailwinds.
Top 10 Payout Yield Stocks [View article]