garykline

After the Subprime Crisis, Which Is the Next Domino to Fall?

I think Andy raises some reasoned points.... My own question is whether things will be merely Bad or deadly.

Market Sinkhole Alert: Look Out Below

I like Rockefeller's advice about when shoeshine boys are giving their customers stock tips, it's time to sell. Or at least time for caution. When an acquaintance of my wife's began buying condos and houses in Las Vegas that was a serious clue that the financial markets were going to be in some trouble. I neither see the sky falling, nor opportunities to *buy* after a minor (few percent) dip.

Whoever is investing for the [very-] long term stands a good chance of winding up with assets after 30 or 40 years. As I see it, investing requires a lot of hard work, independent research, and pragmatic smarts. And luck!