Forum Home | Log in | Signup | My Page | Rules | FAQ | Boards | Members | Search
« POPE 5 Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next

Re: DOW is headed back to 22,000 level, 

By: Beldin in POPE 5 | Recommend this post (1)
Wed, 26 Sep 18 10:28 PM | 45 view(s)
Boardmark this board | Pope 5 		Msg. 08572 of 62138
(This msg. is a reply to 08568 by Decomposed)
Jump:
Jump to board:
Jump to msg. #

De,

I'm not mocking anyone. I'm simply expressing annoyance at the incessant whining and almost giddy yearning for a devastating financial crash to come as soon as possible. That is a conveniently held stance if one has very little to invest, in any event, or if one has already chosen to "go Galt" from an investment perspective. But, the rest of us ... in spite of the FACT that we know and understand the underpinnings of financial markets and fiat currencies around the globe are highly shaky and volatile, we still have to do our rational best to mitigate as much risk as possible ... but, still be willing to take risks ... if we wish to earn a reasonable return on our assets for our families. Pulling out of the markets and going to cash or to precious metals has great risk, as well. IMHO, the name of the game is trying one's best to play a well-informed, diversified balancing act.

I'm not mocking "those who continually rail against investing in this fake economy" ... I'm simply tired of constantly hearing the pointless bitterness of it all. It is what it is ... I still need to move forward through the minefield and all of the endless kvetching is tiresome.

So, now that I've expressed my exasperation with the constant grousing, I will move on without further comment and gladly ignore it all in future.

B. 




Avatar

The essential American soul is hard, isolate, stoic, and a killer. It has never yet melted. ~ D.H. Lawrence

» You can also:
- - - - -
The above is a reply to the following message:
Re: DOW is headed back to 22,000 level,
By: Decomposed in POPE 5
Wed, 26 Sep 18 8:25 PM 		Msg. 08568 of 62138

Beldin:

Re: “So, forgive me if I continue to invest in the market as rationally as I can and not enthusiastically join you in breathless, hopeful anticipation of the sky falling. ”

Good post. While I wish I could say that I agree, I don't. Not completely.

Like you, I don't wish ill upon anyone except the guilty. But - like Nemo - I wish that the sky would hurry up and fall.

"Sky falling," by the way, is a lame and insulting analogy, but you're the one who introduced it so I'll continue with it.

The economic sky, unlike Chicken Little's, really is falling. History will prove that to be true. I *think* even you agree. Unfortunately, nobody knows when (or, more accurately, when it will be undeniable), so it's easy to mock those who continually rail against investing in this fake economy. The absence of a schedule doesn't change the fact that they're right.

Am I a worse person than you for hoping that the sky falls SOON? I don't think so. If it doesn't fall soon, then it will fall later. Meanwhile, it continues lingering overhead... making us neurotic and making honest investment very difficult. The saboteurs who created the mess continue to benefit. I hate that.

I believe that the longer the situation continues, the worse it will be when it does come down.

Finally, I think it would be terribly unjust if, by virtue of having already died, the ones most responsible miss the destruction that's coming. No, I want them to see what they've done and maybe even have to face the wrath of the world. They've certainly earned it.


« POPE 5 Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next