(12-01-2017, 12:52 AM)StroudCrowd1 Wrote:

(11-30-2017, 11:05 PM)HandsomeRob86 Wrote: Its funny how everyone knows its gonna correct but they keep wanting to ride that wave.

I don't think it is a secret or a surprise that it is going to eventually "correct". If you are investing at the appropriate risk for your age, it doesn't really matter. In the words of my late grandfather, "If you want to make money in the stock market, all you have to do is live long enough".

truer words may never have been said...

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(11-30-2017, 09:25 PM)jagibelieve Wrote: As much as I don't like to agree with TJ, he's right.

The stock market performance has very little to do with the President.  The current tax bill could drive it higher, but I see a correction coming soon.  The Fed is going to bump up interest rates and I see bonds making a bit of a run.

With that being said, I've been "all in" all year and have been making some good money.

I would disagree with you on the idea that Trump has nothing to do with this.  Go back and watch the election night coverage.  They simulcast the Dow with the election results.  Initially, when it became apparent that he was going to win there was a negative run on stocks.  A few hours later it became clear that the initial sell off was investors rebalancing to go long.  The dow was up a few hundred points by the time Clinton gave her concession speech that morning and it has been on a rocket ship ever since.  

Yes, the market corrects, that's a natural part of the market.  But overall you see GDP growth higher than it has been at any time during the Obama administration, real capital investment spurred by the massive cutback on regulations on the federal level and the promise of cost certainty in the tax structure, and correspondingly low unemployment.  This isn't eden, but we have the foundations for solid growth over the next few years.

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