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9/05/2017 5:05 am  #1

Risk in Stocks?

Financial experts are asserting that much of the stock gains that we have enjoyed these past months is owed to the expectation that there will be major tax cuts this year.

So, the question is, what happens if that tax cuts are smaller than anticipated or the bill gets hung up in Congress?

We live in a time in which decent and otherwise sensible people are surrendering too easily to the hectoring of morons or extremists. 

9/05/2017 7:44 am  #2

Re: Risk in Stocks?

With or without a tax cut, the markets are likely in for a big correction within the next year or two. 

Don't get too comfortable with the current values. 


"Do not confuse motion and progress, A rocking horse keeps moving but does not make any progress"

9/16/2017 8:16 am  #3

Re: Risk in Stocks?

Chuck and Nancy will help with the tax cuts! Even with the cuts the market has been red hot and
will have to reset soon.

 “We hold these truths to be self-evident,”  former vice president Biden said during a campaign event in Texas on Monday. "All men and women created by — you know, you know, the thing.”


9/16/2017 11:44 am  #4

Re: Risk in Stocks?

The only way Washington, D.C. Politicians have any influence on the stock market rise and falls is when their action or inaction throws a bunch of uncertainty into the mix. The markets are driven by algorithms developed by mathematicians sitting in some backrooms of the large financial firms.

I believe the market will start to reset this October. Hopefully, it won't be a drastic crash. But, just in case, I have moved most of our investments into conservative income producing and balanced funds instead of equity and growth funds.


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