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!
“At what point then is the approach of danger to be expected? I answer, if it ever reach us, it must spring up amongst us. It cannot come from abroad. If destruction be our lot, we must ourselves be its author and finisher. As a nation of freemen, we must live through all time, or die by suicide.”
- Abraham Lincoln