Quote:
Originally Posted by NW-Bound
I just chose "worse than -20%", in the hope that I will be wrong as usual.
If I turn out to be right, don't blame me.
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Quote:
Originally Posted by Lsbcal
The poll is now closed and we had a great turnout ... 152 votes!
This is a pessimistic crowd here. Fully 75% of the respondents thought the SP500 in 2020 will be below the 11% historical return average.
Trying to be an optimist, I think this degree of pessimism indicates we are not in the "irrational exuberance" phase. Maybe more good surprises for 2020? I hope so.
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They say that when it comes to market movement, the average man is usually wrong. And as stated, I do not mind to be wrong on this matter.
There is still some hope, the way the poll result turns out. Heh heh heh...
Expect the worst, but invest for the best? Well, not quite that way, but I am still 57% in stocks, after lowering the AA from 75+%.
At 2020 year end, please remind us of this poll so we can recall how we were thinking at this moment.