General Discussion

bhikkhu

(10,789 posts)

11. Definitely - been there, done that

Thu Nov 24, 2016, 04:58 PM

Nov 2016

I was happily out of the market on the last crash, though there's been enough ups and downs to wreck my nerves in between. My general rule is to not invest in something I don't understand, and I'm not sure where things are going from here.

Very possible inflation will become an issue again, as most of trump's policies can't succeed without creating inflation. In which case, I'm in decent shape owning property and having a pretty secure income. Rather than sit in cash I'll probably look at a TIPS fund, inflation protected. Not sure yet.

(btw - not much funds involved anyway, just a decent safety net of about 6 months salary).

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Trump bubble coming? [View all] HassleCat Nov 2016 OP

My bet is it's going to go up and then crash as typically happens when republicans get into RKP5637 Nov 2016 #1

There will be a spectacular crash in about a year flamingdem Nov 2016 #2

most financial market dives are caused by forces, events outside the country bigtree Nov 2016 #3

And.... PoorMonger Nov 2016 #4

An interesting article in The Week eleny Nov 2016 #5

I'm thinking about getting out of the stock market the day after its inauguration. MoonRiver Nov 2016 #6

I got out the morning after the election bhikkhu Nov 2016 #8

I thought about doing that too. MoonRiver Nov 2016 #9

Definitely - been there, done that bhikkhu Nov 2016 #11

And it will blow right when many of us are on the cusp of retirement. BigDemVoter Nov 2016 #7

Yep. 6 months to a year of an economic candy-high, then brace for the crash... backscatter712 Nov 2016 #10