Quote from: LeGaulois on October 23, 2018, 09:32:52 PM

I know the Dad you're talking about is Alex Jones on InfoWar LOL.

Heh heh, you're probably right about that, too.

Theymos just started a thread that's pretty much like this one. I don't watch the news--are the pundits predicting a global economic crash or something? Is there some really bad news coming out or rumors floating around about some impending disaster? As I said in Theymos's thread, the stock market has taken somewhat of a beating in the past week, but I'd been waiting for that to happen for a while now. It's not unexpected and not unhealthy for the market, but it also doesn't mean the economy is tanking.

Quote from: arpon11 on October 24, 2018, 04:47:09 PM

I think the crisis has commenced as stock market is going down day by day. We should be able to recover maybe in 2 years time.

What? The Dow is still at 25,000 as I write this, and less than 10 years ago when we had our last financial meltdown it dropped to around 6000 if I'm not mistaken. What's happening now is just a correction IMO and not anything more than that--and I also don't think it's going to take 2 years to recover from the relatively small drop in prices that we've seen. Don't know what orifice you pulled that number out of.

Quote from: The_Tick on October 24, 2018, 03:22:36 PM

Any idea of safety is an illusion. It's best to be prepared for the worst by not placing all your eggs in one basket and diversifying your assets.

I agree with all of that wholeheartedly. Diversity is the investor's best friend.