Quote Originally Posted by walrus View Post
I actually understand where you are coming from miles but I have had stocks go from thirty to ninety dollars overnight. To clarify, I am not rich but I do look for ways to increase my cash flow. Right now most of my stocks are safe picks like proctor and gamble which in ten years I never lost money on but these types of stocks have a slow climb up. I do think we might be heading for a correction but I am merely looking to make my future more comfortable, I don't expect to hit it big. I think we should all prepare for the future and stocks are one decent option to do so.
I'm not knocking for those that do well, but the markets are run by machines these days and even bad news can push them higher on a handout of free money from the Fed. It's just massive fraud and it should only be used if you regard it as an actual casino. To put pensions in such a place, for instance, is cataclysmic. I've never invested in the stock market and have no desire to do so. I believe in hard assets only.