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If you're not hurtling financially you may soon be
Posted: Mon Dec 23, 2013 1:28 pm
by RealJustme
800 fewer companies on the NYSE than in 2008 and a Fed pumping 85 billion a month into the economy. It doesn't take a genius to tell you what's going to happen as soon as the Fed stops pumping money into the inflated stocks using checks that will soon bounce.
Re: If you're not hurtling financially you may soon be
Posted: Mon Dec 23, 2013 2:14 pm
by johnforbes
This was really just Tapering Light the other day...
Re: If you're not hurtling financially you may soon be
Posted: Mon Dec 23, 2013 3:36 pm
by elklindo69
And this is supposed to mean what to me?
It will be another 30-35 years before I retire....
Re: If you're not hurtling financially you may soon be
Posted: Mon Dec 23, 2013 3:45 pm
by RealJustme
It will be another 30-35 years before I retire....
There will be no such thing as retirement in 30-35 years. You'll be waiting in line for your government cheese and gas coupon ration cards handed out by armed UN members like everyone but the few very elite who will live like kings.
Re: If you're not hurtling financially you may soon be
Posted: Mon Dec 23, 2013 4:35 pm
by elklindo69
RealJustme wrote:It will be another 30-35 years before I retire....
There will be no such thing as retirement in 30-35 years. You'll be waiting in line for your government cheese and gas coupon ration cards handed out by armed UN members like everyone but the few very elite who will live like kings.
Wasn't Glenn Beck pushing MREs or those prepper kits. How's gold been doing? He was pushing those gold coins a few years back.
How's he doing anyway. Haven't heard from him in a while. What's he pushing now? Looking for something to short in my portfolio.
Re: If you're not hurtling financially you may soon be
Posted: Mon Dec 23, 2013 4:50 pm
by RealJustme
Wasn't Glenn Beck pushing MREs or those prepper kits. How's gold been doing? He was pushing those gold coins a few years back.
Yep, gold has doubled since Obama took office and the price of MRE's has tripled, you should have listen to us dude!
Re: If you're not hurtling financially you may soon be
Posted: Tue Dec 24, 2013 9:00 am
by johnforbes
For a person looking to retire in 30 yrs, think in terms of a global allocation and a pronounced tilt toward the equity side.
As America slides into socialism and staggering debt, this should be an Asian century.
Also, look to Africa where you should have an emerging lower-middle class.