JoeUser Forums
Which are you and why?
Bullish -- now is the time to invest and I'll be investing whatever I can (or at a minimum leaving my investments alone).
Bearish -- get out while you can!! The market is going down and I want to get out or at least head for safer investments.
There are always opportunities for those willing to look for them. That said, if one just looks at the news paper it just doesn't seem like the time to stick ones neck out in the wind. We still have not seen the impact to the end of the Bush tax cuts on the average family. Government spending is still out of control with no end in site. Unemployment (a big chunk of tax payers) is still high with no indication of a change. The financial crisis in Europe is shaking things up, and may not be finished yet. Employer and personal health care insurance costs (minus the benefits for some, for the next four years) will be going up. Inflation seems to be right around the corner. Things just don't look good for the foreseeable future. So I'm bearish.
One might want to stick to bonds in these times. Real estate is low and a good buy, unless you think it will fall lower. If interest rates climb (and they have nowhere to go but up) property will become less attractive. Precious metals are a good way to preserve wealth in these times. Silver is way undervalued historically when compared to gold and other PM's. As always consult your financial adviser and never invest money you need to live on or play with money you can't afford to lose. Diversify.
Now is not the time to be bullish. Sit tight. It will get better, but not until the Greek issue is resolved (or finally fails).
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