Originally Posted by Skyhook
... but the bad news is, a correction of that magnitude is absolutely certain to hurt just about every American.
Every American that is in the stock market. I pulled all of my retirement (401K) funds out of the market last year and parked it in cash. Yeah, I lost out on the latest gains. But, if you try to time this you'll get burned. Better safe than sorry - get out now!
"There is nothing which I dread so much as a division of the republic into two great parties, each arranged under its leader, and concerting measures in opposition to each other. This, in my humble apprehension, is to be dreaded as the greatest political evil under our Constitution."
- John Adams