Stock Market is a Bubble!

in #stockmarket8 years ago

581DBF39-4AE2-46CC-A4A9-7F6DF565D8A9.jpeg

The Dow keeps going straight up along with the other US markets, but who would want to buy here ⬆️ ? Not me, I am long gold, silver, and cryptos!

Sort:  

I think we'll see continued growth from the Dow and S&P 500 companies because of the new tax reform law. So I think we've got a while before the next big correction.

Gold is doing well right now because of the dollar taking some hits, so that's a good play. However, if you're only in gold, you've missed out on the huge rally that you've pointed out in the post.

I suppose that's why I'm diversified over many assets, which is what I plan to continue to do.

The correction is coming, though. That's for sure. haha

Yea that’s smart, I haven’t played it perfectly that’s for sure.

You are so right! I hold no stocks.

Yah that kinda parabolic growth is unsustainable. Much more scary though as with crypto, the results are the wallstreet guys saying 'I told you so" during corrections. With the correction of the stock marrket, these same wallstreet arseholes just lay people off.

Go Crypto!

Exactly!

yes good

thanks for the information 👍