While i won’t dispute the cyclical expectation of a recession, the fact that everyone is predicting it makes me suspicious. I also won’t dispute the winning streak of adjustable mortgages, which is why mine is fixed. Contrarian has worked more for me than trendy. I went trendy once based on advice from this site when I was poised to invest just after the crash.
read down a few comments, it’s my fault but I picked 6 stocks and everyone talked me out of it. I just checked some of them, okay three of them and I was too nauseous to keep checking. Costco at $38, it’s $244 today, Harley at $8 is $38 now. HOV was .58 and now $13, oh the humanity. But everyone said buy gold at 1200, just checked, 1300. When everyone zigs, you should zag.
BTW FLU, you win, playing the market to eliminate debt is the bomb. I would have just used my profits for hedonistic endeavors as it was a different time for me personally so perhaps I’m better off. Or I’ll just keep telling myself that so I can feel better.
