ARE YOU NEW HERE? NOT LOGGED IN? PLEASE TAKE A MOMENT TO REGISTER FOR AN ACCOUNT AND LOGIN TO REMOVE THIS WINDOW
Welcome to PatsFans.com. Do you have an account? If not - please take a moment to register for our forum and experience a much smoother experience with fewer ads, along with no longer having to see this notification window. Also learn about how you can receive a free Patriots T-Shirt from the Patriots Official ProShop by CLICKING HERE. Please enjoy your stay here, and Go Pats!
This is one of the best interview of an investment guy I've heard in a while. He's not a doom & gloomer, but he talks realistically about how Americans have been like the guy who didn't want to stop partying...so he goes on a bender. And the longer the bender, the worse the hang-over will be.
RECEIVE A FREE PATS T-SHIRT AND SAVE 15% OFF WHEN YOU BUY FROM THE OFFICIAL PROSHOP!
Free T-Shirt & Save 15% Off!
Like Our Site? Please help support our site and server costs by DONATING TO PATSFANS.COM and receive a FREE PATRIOTS T-SHIRT and SAVE 15% off EVERY purchase you make from PatriotsProShop.com. You'll also receive added benefits to your account including Removing All Ads During Your Experience Here At Our Forum.
NEEDED YEARLY SITE DONATIONS: 345 | CURRENT # OF SUBSCRIBED SUPPORTERS: 98
Trueness...I likened it to a drug addict either getting clean (painful and sobering) or getting another fix.....
We ARE going to have to go through a difficult time ahead. Unfortunately, we're so conditioned to immediate gratification, it WILL be like drug withdrawl. Put the credit away or cut them up. but what you can afford and save your arse off. You know, it wasn't too long ago that WAS the American way of life...
I'd say predicting a Dow drop of 50%-60% qualifies as gloom & doom
As I said on another thead, if we pop next week I'm moving largely to case but would keep 100% of new 401K contributions in the market to give me some upside.
BF...The 50-60% thing was doomy, I'll admit. But the man had a lot of interesting and realistic things to say. He did not seem pompous like a lot of those guys. I don't think the it will drop that mush either, but I'm a amatuer.
We gotta stay positive no matter what we hear. If I had to build a house from cut trees and learn to hunt for food, I'd still enjoy life. Who knows, it might even be more gratifying. I mean that. Either way, you have to celebrate the days we are blessed with, cuz they get fewer and fewer every day.