Sell it all, due to Brexit?

Discussion in 'Finance' started by Ronstar, Jun 26, 2016.

  1. Ronstar

    Ronstar Well-Known Member Past Donor

    Joined:
    Jun 19, 2013
    Messages:
    93,457
    Likes Received:
    14,675
    Trophy Points:
    113
    I see zero happy predictions for the market over Brexit.

    Greenspan says this will be like the 1985 collapse.

    We all know that rebuilding trade barriers will cost everyone money.

    Its good for nobody, at least in the next few years.

    So, why not sell everything and move it into safer investments like bonds and treasuries?

    I feel like this is just like the day when we found out about Lehman Brothers.

    the market dropped 60% over the next few months.

    if I pull out tomorrow morning at 9 am, I will still be ahead, by several thousand dollars.

    thoughts?

    is there any good rational reason to NOT move to safer investments right away?
     
  2. Deckel

    Deckel Well-Known Member Past Donor

    Joined:
    Nov 2, 2014
    Messages:
    17,608
    Likes Received:
    2,043
    Trophy Points:
    113
  3. Ronstar

    Ronstar Well-Known Member Past Donor

    Joined:
    Jun 19, 2013
    Messages:
    93,457
    Likes Received:
    14,675
    Trophy Points:
    113
    good thing i held off on that gut feeling.

    :)
     
  4. JakeJ

    JakeJ Well-Known Member Past Donor

    Joined:
    May 5, 2015
    Messages:
    27,360
    Likes Received:
    8,062
    Trophy Points:
    113
    So really there is no reason to vote for Clinton because all is doomed anyway.

    Invest in the military industrial complex if you truly are certain Clinton will win. She wants every war, drone strike, bombing, government overthrow and even direct war with Russia. Until you die in Clinton's nuclear war with Russia you could make a bundle of $$.

    The stock markets only work for inside players. They buy short - and announce a panic making their own predictions come true. Then they use that profit to buy low - picking up millions and billions of dollars - all by working gullible people like you portray yourself in your messages - total belief in the media in knee-jerk panic reactions. Whatever you see on MSNBC MUST be true!
     
  5. Ronstar

    Ronstar Well-Known Member Past Donor

    Joined:
    Jun 19, 2013
    Messages:
    93,457
    Likes Received:
    14,675
    Trophy Points:
    113
    u ok bro?
     
  6. JakeJ

    JakeJ Well-Known Member Past Donor

    Joined:
    May 5, 2015
    Messages:
    27,360
    Likes Received:
    8,062
    Trophy Points:
    113
    Why does the OP making money in stocks or any other funds - doing and producing absolutely nothing - equate to a good thing or any benefit to me or anyone else?

    It is curious how somehow huge inflation in the stock market is seen as a GOOD thing? USA and UK stocks are grotesquely and dangerously overvalued.
     

Share This Page