Skip to main content
Message Font: Serif | Sans-Serif
 
No. of Recommendations: 1
I don't think there is any doubt we are in a bubble, but the question is, when does the clock strike midnight? Missing the crash is a good thing. But missing the exuberant part of things can cost you too. As long as the Fed is holding rates at effectively zero, it probably keeps going.

My way of dealing with asset bubbles is to steer clear of them.

What makes you think that the coming collapse of the bubble requires a trigger? Even with the benefit of 20-20 hindsight, nobody can explain what happened in March 2000 to cause the NASDAQ to start the collapse. The same is true of the crash of 1929.

What makes you think that you have the ability to hang on until the bitter end but still bail out in time when you're competing with millions of others plus AI bots that never have to go to work, eat, sleep, shower, use the bathroom, etc.? I don't know about you, but I know better than to think I have a chance at playing this giant game of musical chairs.

If you MUST be afraid of missing out, then be afraid of missing out on the bargains in international stocks. When you take the low valuations AND the strong US dollar into account, you're looking at a level of undervaluation that the DJIA and S&P haven't offered since the 1930s or 1940s.
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.