Quote:
Originally Posted by Clone
I had a few work associates retire in 1999: "Anybody can make 15% in the stock market!"
We have not seen any serious inflation in a long time also. Rampant inflation is the tiger hiding in the bushes that I am concerned about.
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15% in the stock market?!?!?!
Alas, retiring early or otherwise does not turn a fool into a wise man or woman.
+1 on inflation and a ragging Bear market. I haven't seen anything lately like the 70's Bear which tore chunk after bloody chunk out of peoples assets, and the 80's inflationary interest rates with its 12%+ mortgages.
And, I hope they truly were once-in-a-lifetime events.
FWIW, last years correction was not a Bear market. More like an enraged bunny rabbit.