Quote:
Originally Posted by Peter_Spaeth
Far more people have failed trying to time the market than have succeeded. There's always a gloom and doom case how we're on the edge of disaster, I've seen one or more virtually every day for 15 years. IMO anyone acting like they know what's going to happen is just speculating like anyone else. Pundits have an astonishing history of being wrong.
|
I don't think it's doom and gloom to observe the likelihood the economy is likely to decline a bit further over the short term. One will never time it exactly, it will be fine in the long haul; but it's not doom and gloom to acknowledge present realities. The economy falters for periods; there's little reason to think the turn around is about to hit and reverse what's happening.