U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Economics
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 03-11-2017, 06:48 PM
 
1,093 posts, read 557,071 times
Reputation: 1076

Advertisements

How long will the good times last, eh.

Well, the recession republicans are back in charge in DC ... so the "good times" days are likely numbered.

Despite what Trump says, he inherited a pretty strong economy.

Given that fact, I figure it'll take him and his party a little time to steer the economy off another cliff.

Say, perhaps, a year-and-a-half or two years from now...

Last edited by toosie; 03-12-2017 at 09:21 AM.. Reason: reduced partisan politics
Reply With Quote Quick reply to this message

 
Old 03-11-2017, 07:43 PM
 
17,158 posts, read 22,161,261 times
Reputation: 31223
as long as oil and grain is cheap, and no one lobs a bomb
Reply With Quote Quick reply to this message
 
Old 03-11-2017, 07:53 PM
 
Location: midvalley Oregon and Eastside seattle area
2,903 posts, read 1,344,207 times
Reputation: 2410
When the 1%ers stop buying.
We are may be a 10%er, retired, enough $$from multiple sources, and we are essential out of the markets. Few more holding to liquidate.
YMMV
Reply With Quote Quick reply to this message
 
Old 03-11-2017, 10:02 PM
 
25,801 posts, read 49,685,561 times
Reputation: 19248
Quote:
Originally Posted by Lee W. View Post
The bubble will burst, of course. It's inevitable.
It's always cyclical... like most things.
Reply With Quote Quick reply to this message
 
Old 03-11-2017, 10:05 PM
 
25,801 posts, read 49,685,561 times
Reputation: 19248
Quote:
Originally Posted by Market Junkie View Post
How long will the good times last, eh.

Well, the recession republicans are back in charge in DC ... so the "good times" days are likely numbered.

Despite what Trump says, he inherited a pretty strong economy.

Given that fact, I figure it'll take him and his party a little time to steer the economy off another cliff.

Say, perhaps, a year-and-a-half or two years from now...
Do you have your plan at the ready for the final days?

Last edited by toosie; 03-12-2017 at 09:21 AM.. Reason: edited quoted post
Reply With Quote Quick reply to this message
 
Old 03-12-2017, 01:53 AM
 
64,532 posts, read 66,075,955 times
Reputation: 42978
Quote:
Originally Posted by mainebrokerman View Post
as long as oil and grain is cheap, and no one lobs a bomb
lots of truth to that . modern recessions have never happened with low energy costs .

Last edited by mathjak107; 03-12-2017 at 04:18 AM..
Reply With Quote Quick reply to this message
 
Old 03-12-2017, 01:55 AM
 
64,532 posts, read 66,075,955 times
Reputation: 42978
Quote:
Originally Posted by Ultrarunner View Post
Do you have your plan at the ready for the final days?
actually i do . we can really tip in to any economic scenario from here . so while i don't want to give up on stocks as they likely do have farther to run , i have shifted the portfolio over to a model that prepares and can profit from other outcomes .
Reply With Quote Quick reply to this message
 
Old 03-12-2017, 08:57 AM
 
25,801 posts, read 49,685,561 times
Reputation: 19248
In 2007 several of my CPA friends basically left the stock market...

They shift into bonds... no bond funds and cash.

Their reason is the market no longer made sense to them.

In 2009 they started picking up foreclosed homes... some of which here in Oakland California had dropped as much as 80% in two years and every block had at least one foreclosure... 2009-2012.

They did extremely well and as foreclosures here slowed went back into stocks...

They are again at a crossroad... all are retirement age or older.

When the home in my old neighborhood adjacent to my rental home sold for 510k in 2007 and in 2009 sells as a Bank foreclosure for 100k... well... I have never seen anything like it and the people that bought at 510k spent money on improvements!
Reply With Quote Quick reply to this message
 
Old 03-12-2017, 01:28 PM
 
Location: WA
865 posts, read 398,941 times
Reputation: 2632
Very few people have been able to successfully time the market perfectly over decades. There are times though to balance your investments and take some profits, not necessarily selling 100% of stocks, but 33-50%. This seems like a good time to do that.

Things are precarious now. There are a so many hotspots in the world including the US that you can just feel it. We are living in interesting times.
Reply With Quote Quick reply to this message
 
Old 03-12-2017, 03:48 PM
 
5,600 posts, read 4,204,310 times
Reputation: 10552
It is interesting to see how all of us view the same trends differently. I do not see the stock market at "astronomical" highs. Instead I cannot understand what happened in 2015 and much of 2016 that held market prices low. Yields from bonds, commodities and other assets have been really low and risky. If anything the stock market has caught up to where it should have been. The Shiller PE has still not broken the 30 level. Lots of money is still on the sidelines.


That said I have no ability to predict what is going to happen. My bet is we are in for at least a couple of fairly decent years. If not I am ready to react to changing markets. I have money available for buying if the market starts to show a significant decline.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Economics
Similar Threads
Follow City-Data.com founder on our Forum or

All times are GMT -6.

2005-2018, Advameg, Inc.

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top