(02-19-2021, 05:48 PM)jagibelieve Wrote:

(02-19-2021, 05:05 PM)HURRICANE!!! Wrote: In a sick and deranged kind of way, your comments are somewhat refreshing.  I just sold off my tech stocks at noon today so if the NASDAQ crashes, I'll be there waiting to buy the dip.

.... just need Biden to mention something about raising interest rates (when he gets up from his nap).

News flash for you... the President no matter who it is has no control over interest rates.

News flash 2.0 for you... interest rates are already going up.

Expect interest rates to rise along with the prices of a lot of things to go up.  Inflation is settling in right now.  Pumping trillions of "printed money" (stimulus) into the economy is making things worse.  Add to that the forced rise in petroleum due to domestic production down.  The bubble is going to pop soon.

Obviously, we don’t know when “soon” is.  If this question derails the thread, by all means delete it.  How soon do you feel that will happen?   The Mrs and I have an appointment to meet the financial advisor early April.  (First chance we had where both of us can meet him). In preparation, we’ve even paid off a car, tossed a storage slip and canceled a few needless [BLEEP].  That between what we normally do contribute and the normal extra money-we’dhave and  would be wiser to give him, adds up considerably.    We’re in good hands with him.  He’s set up a few family members nicely, but I’m not exactly known for my patience.   Just curious to see how far out you foresee the bubble popping.  Would be really nice if it’s a month or so out before we start dumping a poop ton out for retirement, near future land purchase and what not.  

We all have our skill sets.  I know a lot about many things.  Master at only a couple.  Much like all of us.  But investing is not even on my list.  Might as well speak Mandarin to me.

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