Your opinions of the massive debt of the U.S. and WHEN that is going to affect the market?

May102014 · Mar 17, 2015

I don't think it's beneficial to wait until the "ticking time bomb" explodes. As you wait, you probably miss good returns on some stock investments. I never allow government's actions to affect my decisions as it relates to the stock market. The government debt existed long before today. Now, in the era of advance technology, we get far more access to news stories that could frighten some into not investing. My game plan is to proceed forward and take my chances. I'm not a big gambler but I don't believe in waiting it out either in case I miss some good opportunities.

JR Ewing · Mar 20, 2015

I haven't just "sat and waited" by any stretch of the imagination. I have been more cautious in recent years though. We really need to clamp down as a nation and become more fiscally responsible. Unfortunately, I don't see this happening anytime soon.

I suspect the next crisis may be inflationary.

Now if I could only predict the future and correctly guess when that crisis will occur, what exactly will occur, and how bad it will be, I'd not care about it because I'd position myself to profit from it.

gracer · Apr 10, 2015

This is inspiring

My401K said: ↑

There are other things you can invest in besides the stock market, you just have to look around. In fact I normally suggest that people should invest in more then one thing, like grandpa used to say never put all your eggs into one basket. Obviously the more you have to invest the greater your diversity can be, but we all have to start someplace right? I don't ever think of investment as being very liquid, although some investment is easier to cash in then others.

As far as my plan if things go bad....all I can say is been there done that. Investment by it's very nature is never a sure bet, you can lose your shirt even in a good economy. Investing is speculative, I guess the best approach is don't do it if you can't afford to lose it. At this point in my life I feel things like property are better choices because even if currency changes people still have to live and work somewhere. The bottom line is there will come a day when we will lose it all anyway, so I do not let myself lose sleep over things like money. I have been broke more then once and always manage to claw back out.
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Everything you said is really inspiring especially the last part. Money is not a person's whole world indeed. I think investing involves risk no matter what the situation of the market is. We should just have to be prepared in case things don't really turn out right. Worrying too much will only be a hindrance which can lessen our willingness to invest.

AtlantaSports · Apr 10, 2015

JR Ewing said: ↑

You can always sit and try to cherry pick this and that and try to spin things and blame the last guy or the guy from 30 years ago, but none of it means shit if it's just speculation or outright distortion or manufacturing of "facts" with nothing to back it up. Some people on internet forums do this to amuse themselves, or for ideological reasons, or are even paid to do so.

You cannot argue with straight facts and numbers. And it's also hard to argue with sound economic theory - suppressing rates and borrowing and printing infinite amounts will catch up to you eventually, as it always has with other nations.

A good thing to do is simply use google and check multiple reputable sources to see if something checks out or not. Always be wary of those who state things as fact but do not ever cite reputable sources. Always question opinion and conjecture masquerading as fact.
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JR, I do not know if there has ever been a time where I have disagreed with you on here. Everyone should check their facts before they start typing blames and insults from behind a keyboard. Google is seriously the modern day equivalent to a library, and it literally takes about 10 minutes to fact check all of this.

Your opinions of the massive debt of the U.S. and WHEN that is going to affect the market?

May102014 Well-Known Member

JR Ewing Super Moderator Staff Member

gracer Senior Investor

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Your opinions of the massive debt of the U.S. and WHEN that is going to affect the market?

May102014 Well-Known Member

JR Ewing Super Moderator Staff Member

gracer Senior Investor

AtlantaSports Senior Investor

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