Is it time to own some # II
It may well be time to "Go Long"
Sooner or later there will be that time..
My personal problem is I'm getting to old to want to fund someone else s beamer while I'm still alive.
My bias is that my timing is many times about a quarter turn off.
The other saying that has much merit goes something like, the market can stay irrational longer than I can stay solvent.
The market's job is to prove the majority of the people wrong most of the time.
Brokers are called BROKERS for a reason.
If advisors really knew anything they wouldn't sell their guesses/info for a few hundred bucks a year.
Re: Is it time to own some # II
The future, if only I knew, is the most interesting when the times are achanging. The dollar in the last year gained about 12% world wide, trade value. Will that happen again? As my dad used to say: The man that knows that died 2000 years ago. I have great hope the price of grains can come above the cost of production, but little to base it on. So, our gamble will continue.