There will be a time when the market crashes and doesn't recover.
I would caution against the "I knew all along it would come right back" line of thinking. No one knew at the time anything of the sort.
Gauss44 wrote:Cost of treating an ebola patient in the USA:
--$1000 an hour or
-- over half a million dollars per patient
How is the government going to pay for that? Any ideas?
Epsilon Delta wrote:You're all pikers.
In a worse case scenario there is nobody left to worry about the bond market.
telemark wrote:I haven't read Mr. Tobias' book, but I'm guessing he wrote it when inflation was considerably higher than it is now.
mathwhiz wrote:And this guy winters in Hawaii too!
Call_Me_Op wrote:Meaningless vis a vis future stock performance.