UnderTheRadar
Dryer sheet aficionado
- Joined
- May 20, 2007
- Messages
- 46
I am dollar cost averager/passive investor at heart....BUT, you have to be blind to see that over the next few months there is going to be an all-out political/retorical battle concerning US tax policy and the debt ceiling.
My predictions:
1. whatever can be kicked down the road to avoid making a decision...will
2. both sides are going to talk non-stom about the doom and gloom that will ensue if the other side does not compromise
3. US credit will be derated again
4. big time political rails (home mortgage deductions, SS, capital gains, medicare, etc) will be grabbed ahold of and threatened to any special interest group which votes can be gathered
QE3 has been announced and we are seeing the markets surge ahead on this news.
My Question - why is this NOT a good time to pull $ out of the market and wait for the inevitable market pullback?
My predictions:
1. whatever can be kicked down the road to avoid making a decision...will
2. both sides are going to talk non-stom about the doom and gloom that will ensue if the other side does not compromise
3. US credit will be derated again
4. big time political rails (home mortgage deductions, SS, capital gains, medicare, etc) will be grabbed ahold of and threatened to any special interest group which votes can be gathered
QE3 has been announced and we are seeing the markets surge ahead on this news.
My Question - why is this NOT a good time to pull $ out of the market and wait for the inevitable market pullback?