His response:
I'd have to look at it more closely but I'd be inclined to hold right now. I wouldn't rush to sell
Economic Depression/Collapse forcasted for Sept/Fall this year
- Thread starter ImADad
- Start date
His response:
I'd have to look at it more closely but I'd be inclined to hold right now. I wouldn't rush to sell
Why would you want to sell it now, you're knocking on the door of an all time low? Serious question.
H
Hoss
Guest
H
Hoss
Guest
It's 100% international. I'm not a buy high/sell low investor. This etf has been doing well but I haven't added to it in over a year. If I sold it now I'd be down 3% but I'm wondering if it's going to tank tomorrow. It's my only investment that gives me any real concern even though it only represens about $35k.
If it tanks and you don't sell it, you've lost nothing. The markets aren't going to evaporate. There isn't a stock or etf you can buy that is "domestic". Don't worry about the international flavor of the etf.
***Not marketing advice***
H
Hoss
Guest
You need to stop working so you can spend all day in front of the computer and hit the new post tab.
I'm so confused right now. What in the hell are you talking about?
Okay let me feed this too you on a spoon. The United States of America is deeply in debt. We have been overprinting money, devaluing our currency. The obamacare policies have caused healthcare costs to skyrocket. We lead the world economically and control the global reserve currency. The folly of our political leaders and low information voters has caused the world's great economy to falter, setting the global economy up for a disaster. Only liberals who support our socialist government are unable to see these problems for what they are.
This is the beginning of a scenario that has been talked about by economists and preppers for a long time. It could possibly just be a correction and they usually only last for 17 days at a time and then everything will return to somewhat normal. The other scenario is that the feds will up the rate in September and a full on global crash will occur which will cripple the American and global economies. All I know is to prepare for the 2nd scenario and pray for the first.
