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View Diary: Americans' Retirements Are in Tatters. What Does That Mean? (129 comments)

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  •  Well (4+ / 0-)
    Recommended by:
    Bronx59, EverGrateful, tikkun, KateCrashes

    Part of the reason people get suckered into the "buy high" trap with the stock market is simply that the US economy is eternally in a speculative bubble of some kind.    Did you invest in anything in 1997, 1998 or 1999?   Crash, down to zero.   Did you invest in anything in 2005 or 2006?   Crash, down to zero.   Our country has done a terrible job of providing an investment vehicle for people that isn't constantly in a state of either hysterical price run-up or values crashing.

    •  Yes, but... (0+ / 0-)

      ...informed investors know that when house prices increase much more than incomes, it is a bubble--don't buy for real estate investing.  When stock prices are hitting new highs, sell stocks or rebalance your portfolio, don't jump into the market.

      There are good long term, low transaction cost, investing techniques that ride over the peaks and valleys.  This is the investment education that is needed.

    •  Yes. i made good money in the markets in (0+ / 0-)

      97, 98, 99and got out just before Bush was pronounced the winner... and have stayed out.  Once I learned about the algorithm that buys and sells in instanced I believed the market was not worth getting in.  Am not sorry.  I took my money - almost $70K in 99 profit and walked.

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