- Messages
- 2,234
- Reactions
- 2,551
I see your points. One thought. Have you ever known a person who ought gold 25 years ago for 25.00 an ounce? People would pile on them saying that's a piss poor investment. It grows to slow. Well,,,,,, ask that guy how life is today.
For those who say, my portfolio is back to where it was from the 2001 tank. That's a long time to rebound. That's a lot of interest payments. I have a 5.4% interst rate on the home. And I really see the market tanking.
I know my thoughts are very unpopular. I get it.
But sometimes that's how great ideas start.
If the dollar value keeps falling, and it will, that 401k ain't worth bubblegum in 20 years. Cause you will NEVER EVER see another republican president. Mark my words.
You may want to use your google machine and lookup stock market performance vs presidential party affiliation. Most investment strategies use past performance to anticipate future gains. Stocks do not favor republican administrations, FWIW.