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Not Buying Things I Don't Need

2008 Financial Resolution #2: Stop Buying Great Deals by Chief Family Officer is an great financial resolution. It reminded me of the ...

Wednesday, July 12, 2017

Staying Invested

Despite all the negativity, I'm staying invested in the stock market.  Here are my reasons:

  • All my spouse's relatives think the stock market will crash soon.   For example, my brother-in-law has purchased a 2X bear fund.  Their position is based on politics.  They all voted against Trump and are ignoring that the economy is improving.
  • Trump has more teflon than Reagan and Obama.   Despite all the Russia issues for Trump, the stock market keeps going up.
  • It's what George Costanza would do.
Sure the market will eventually fall.  But I think it will happen later (after the end of the year) versus sooner.  We'll see ...

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This is not financial advice. Please consult a professional advisor.

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