Message Board Hero
CCS Hall of Fame '20
My favorite teams,
Does anyone do Motif here?
This is poetry.Fools, fools, fools...
Do not do investment has control of but at the same time the banks have control and your truly f***ed, I lost lost 60% of my 401K when the market took a shit and bailed the banks and car companies out. Be careful about investments.
Not sure how old he is either? But if he took it all out of a 401k afer a 60% loss and was in his 20s, 30s, 40s, That was his mistake. His money would of returned to him 3 fold. If you are 5 years out of retirement, you shouldn't be in stocks anyway IMO.This is poetry.
A new report from Morningstar quantifies how frequently passively-managed funds, and lower-cost ones, beat active strategies that charge more.www.marketwatch.com
good info and tough to disagree that stocks are inflated right now. I have pulled back on investing, but still putting some in. When the next macro economic event occurs (probably the Trade war is my best guess at this point) and the market collapses (2020), I'll jump back in.FYI
Michael Burry, one of the first investors to call and profit from the subprime mortgage crisis, is seeing a similar bubble in passive investing, according to Bloomberg News.www.cnbc.com