Well, I try me make fun of the fact that lots of predictions are usually touted towards us; but what I have learned over the years that there is no wise old man in the financial markets.
You are viewing a single comment's thread from:
Well, I try me make fun of the fact that lots of predictions are usually touted towards us; but what I have learned over the years that there is no wise old man in the financial markets.
Agreed ...
... although there seems to be no shortage of those continually trying to prove otherwise.
Yes, during the 90s bull market and even coming out of it in the early 2000s, respectable firms like Vanguard used to say long term = 10 years. But right after financial crisis of 2008, they promptly changed long term = 15 years. Now when you talk to them, they will tell you long term = “very long time”....
Sliding scale, eh?
Yep! 😉
#mortalproblems