Sad time for investors

Wowser wrote:

Market Analyst wrote:

The market is getting very dangerous with poor fundamentals to support. I would look for a serious correction sometime in 2013.

Oooh, you sound SO impressive and knowledgeable.

Some of you guys are absolutely hilarious.

I've called the last three market corrections. So, yes, more impressive than you I would suggest.

Market Analyst wrote:

Wowser wrote:

Oooh, you sound SO impressive and knowledgeable.

Some of you guys are absolutely hilarious.

I've called the last three market corrections. So, yes, more impressive than you I would suggest.

__

saying that there will be a correction 'sometime in 2013' does not count as a prediction.

Actually his latest line is:

"the correction could happen in 2013 as you suggest or as late as sometime in 2014, but I agree that it WILL happen"

He's a regular Nostradamus!

Which stocks should I buy now then? I was thinking real estate as well since I've seen a lot of great deals in my area.

I would recommend a even combination of both real estate and stocks. You're best sticking to index funds with stocks though.

need advice wrote:

Which stocks should I buy now then? I was thinking real estate as well since I've seen a lot of great deals in my area.

Flagpole wrote:

You confuse me brother. I told you what I have been getting (~11% annually over my whole investing period) and you then say, NO, you want the 18% I got in 2012. I then explain that 2012 was a solid year and that you can't be guaranteed 18% and then you say you want that anyway.

You seem to be set up nicely to retire early if you want. No kids, 30 years away from traditional retirement date with $500,000 in assets.

If you want to retire early, live frugally and invest half your income or 40% of your income in good growth stock mutual funds, retirement accounts and then non-retirement mutual funds.

There are no guarantees.

I'm with Flagpole. There will be a correction in the future.

Flagpole wrote:

A correction is FOR SURE coming which is why I'm sad. Depending on how high and fast this little bull run takes it, the correction could happen in 2013 as you suggest or as late as sometime in 2014, but I agree that it WILL happen, hence Flagpole sad.

Market Analyst wrote:

The market is getting very dangerous with poor fundamentals to support. I would look for a serious correction sometime in 2013.

Flagpole's brother wrote:

I'm with Flagpole. There will be a correction in the future.

I'm with you, brother. You can count on it. Take that to the bank.

And heck, I won't even stop with predicting the stock market. I can predict the weather too. It WILL rain in the future. I GUARANTEE it.

Joe from Down the Street wrote:

Flagpole's brother wrote:

I'm with Flagpole. There will be a correction in the future.

I'm with you, brother. You can count on it. Take that to the bank.

And heck, I won't even stop with predicting the stock market. I can predict the weather too. It WILL rain in the future. I GUARANTEE it.

Yea, big jokers all of you. Well, I have the results and money to prove my predictions. I dare say none of the rest of you do.

Market Analyst wrote:

Joe from Down the Street wrote:

I'm with you, brother. You can count on it. Take that to the bank.

And heck, I won't even stop with predicting the stock market. I can predict the weather too. It WILL rain in the future. I GUARANTEE it.

Yea, big jokers all of you. Well, I have the results and money to prove my predictions. I dare say none of the rest of you do.

Is it dick measuring time?

Predicting "a correction" in the next year or so is not exactly rocket science.

The market has been going up. It will go down, probably in 2013. It maybe even dip below 13,000. But then it will go up again.

If I was a speculator, I would dump some of my stocks now and wait for the market to go down a bit, then buy them back. But I'm not a speculator, so I won't.

Finger in the air, it will break 14,500 by the end of next year.

Shucks, I should be on CNBC.

Market Analyst wrote:

Yea, big jokers all of you. Well, I have the results and money to prove my predictions. I dare say none of the rest of you do.

lets see those results, skippy

Not a Coach wrote:

Predicting "a correction" in the next year or so is not exactly rocket science.

The market has been going up. It will go down, probably in 2013. It maybe even dip below 13,000. But then it will go up again.

If I was a speculator, I would dump some of my stocks now and wait for the market to go down a bit, then buy them back. But I'm not a speculator, so I won't.

Finger in the air, it will break 14,500 by the end of next year.

Shucks, I should be on CNBC.

Agreed. You da Man.

Paulson Advantage wrote:

Market Analyst wrote:

Yea, big jokers all of you. Well, I have the results and money to prove my predictions. I dare say none of the rest of you do.

lets see those results, skippy

I've averaged 12.3%/yr over the last 10 yrs. Anymore questions?

Market Analyst wrote:

Paulson Advantage wrote:

lets see those results, skippy

I've averaged 12.3%/yr over the last 10 yrs. Anymore questions?

Hey, you're beginning to sound just like ole Flaggy. Completely unprovable and not very believable claims backed up by zilch. This is great, you two can go head to head in a pissing contest over imaginary returns.

Recognizer of Similarities wrote:

Market Analyst wrote:

I've averaged 12.3%/yr over the last 10 yrs. Anymore questions?

Hey, you're beginning to sound just like ole Flaggy. Completely unprovable and not very believable claims backed up by zilch. This is great, you two can go head to head in a pissing contest over imaginary returns.

Think what you like. I've got the money and the comforts.

Market Analyst wrote:

Paulson Advantage wrote:

lets see those results, skippy

I've averaged 12.3%/yr over the last 10 yrs. Anymore questions?

You obviously don't know what you're doing. I've gotten 15.7% over the past 10 years.

Umm...agip was questioning another poster about his soothsayer ability, not me about mine. I did not claim to be a soothsayer.

* wrote:

Actually his latest line is:

"the correction could happen in 2013 as you suggest or as late as sometime in 2014, but I agree that it WILL happen"

He's a regular Nostradamus!

Market Analyst wrote:

Paulson Advantage wrote:

lets see those results, skippy

I've averaged 12.3%/yr over the last 10 yrs. Anymore questions?

No way you beat Flagpole. I call BS.

Well, props to both of you dudes...you've got me beat over the last 10 years (I'm just at a little over 11% since 1989 which included a very good 1990s). Once 2013 is over though, unless 2013 happens to be bad, I will be above 11% (probably even over 12%) for the last 10 years because 2002 will drop off.

Bigger Returns wrote:

Market Analyst wrote:

I've averaged 12.3%/yr over the last 10 yrs. Anymore questions?

You obviously don't know what you're doing. I've gotten 15.7% over the past 10 years.