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The Water Cooler
General Discussion
Stock Market… this isn’t good IMO
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<blockquote data-quote="TANSTAAFL" data-source="post: 3798986" data-attributes="member: 27098"><p>Bottom line, this is the reason the Rich will get richer and the poor will get poorer. Real Estate in many areas will go down, with less people able to buy because of the high cost of borrowing. If your in the stock market and don't need the money, stay in it, else you lock into all those losses, if you have cash and have the luxury of buying, may be a good time to buy but has the market hit bottom? Bitcoin, gold and silver are anyone's guess at this point, however may still be a good time to buy, I prefer metals to bitcoin. By staying in it expect a crappy market for 2 to three years. If the pres or another democrat is re-elected expect much longer. There is a perfect storm of bad leadership and idiots in charge. This is my take, not a get rich philosophy and free advice. What's free advice worth? Not much., after all it's free.</p></blockquote><p></p>
[QUOTE="TANSTAAFL, post: 3798986, member: 27098"] Bottom line, this is the reason the Rich will get richer and the poor will get poorer. Real Estate in many areas will go down, with less people able to buy because of the high cost of borrowing. If your in the stock market and don't need the money, stay in it, else you lock into all those losses, if you have cash and have the luxury of buying, may be a good time to buy but has the market hit bottom? Bitcoin, gold and silver are anyone's guess at this point, however may still be a good time to buy, I prefer metals to bitcoin. By staying in it expect a crappy market for 2 to three years. If the pres or another democrat is re-elected expect much longer. There is a perfect storm of bad leadership and idiots in charge. This is my take, not a get rich philosophy and free advice. What's free advice worth? Not much., after all it's free. [/QUOTE]
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Stock Market… this isn’t good IMO
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