Time to get out of the stock market?


conandrob240 said:

whew! Great end to a wild ride today! 

---of course, doesn't mean its over.

September, 1929.  A market dip of approximately 15%. October 1st., recovery and the stock market regained the September loss.

Of greater importance is the distribution of wealth between then and now. When Harley Davidson has to close a plant because they can't sell motorcycles, the guy in the street ain't doing as well as in past. And he's the guy who keeps the economy going. When Apple can't get the average punter to put out $34. a month to buy their iphone X, --- this is just the beginning.



The "rules" haven't changed: (1) Set your allocation and stick with it. (2) Do not put money in stocks that you may need within 4 or 5 years.


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