I think the stock market will last for a while. I don’t know how long, nobody does. Money got to go somewhere.
It’s not going into R.E. related business.
It’s not going into housing itself.
It’s not all going into international stock & bond market.
It’s not all going into money market fund or Cert of Deposit.
So, where do you think some of the money will end up?
Stock market.
I have placed 70% of my bet on it. We’ll see. ^_^ My worst case scenario is that the total portfolio will drop 40% in real value. Even that, I’ve positioned myself to buy more if this happen.
