Quote:
Originally Posted by VincentVega
I've been taking profits every few months. No big changes but with rates going up and a nice gain in the market it makes sense to pay down a small heloc. I'm not as confident on continued upside, if only because of the seemingly endless geopolitical 'issues'. Add in stagnant wages and lots of debt and I'm ok being a little cautious.
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To repeat myself equities have gone up since 2012 in spite of all the shyte that has gone on. The caveat as always is a black swan type of event happening. Like ww3.
Keep on being cautious and equities will continue to go up. The FED guarntee is what propels the market and nothing else. That paradigm remains intact.