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<p>[QUOTE=&quot;Vess1, post: 840125, member: 13650&quot;]I don&#039;t have the answers either.&nbsp; I don&#039;t want it to come across as though whatever I purchase I&#039;m considering to be part of my retirement.&nbsp; Because it&#039;s not.&nbsp; I really don&#039;t want to sell anything and have a hard time wanting to sell even the stuff I&#039;m not that crazy about anymore.&nbsp;&nbsp; So I&#039;m not in it for profit.&nbsp; I figure whatever happens, happens.&nbsp; </p><p><br /></p><p>&nbsp; One thing you can be sure of though is that I&#039;m sure many people in the 50&#039;s looked forward to 2010 and probably figured the hobby would have died by now.&nbsp; With all the new things that are available to kids and people in general.&nbsp;&nbsp; I&#039;m sure they never imagined how much prices would change from then until now.&nbsp;&nbsp; If not only for inflation.&nbsp;&nbsp; It&#039;s going to happen again. </p><p><br /></p><p>&nbsp; If you ask anyone here, whether or not their grandparents should have stuck $10k in a savings account in 1950 or purchased as big a selection of rare coins, cars, (anything) as they could have gotten their hands on and stashed them away...... you know what the answer would be. </p><p><br /></p><p>&nbsp; (During their 50 years, government spending was still sane.&nbsp;&nbsp; It is now &#039;in&#039;sane.&nbsp;&nbsp; There is no doubt what&#039;s coming after the reality of all this money printing sets in.&nbsp;&nbsp; Interest rates floored at 0% is one of the only things somewhat keeping a lid on it for the time being.&nbsp; &nbsp; Just wait...)</p><p><br /></p><p>&nbsp; Now yes, they could have done very well in the stock market too as this country had a lot of growth left.&nbsp; But where are we now?&nbsp; How much growth can possibly be left?&nbsp;&nbsp; How many more Walmarts do we need?&nbsp; How many more Mobil stations can be built?&nbsp; &nbsp;&nbsp; Where is Heinz going to sell ketchup and mustard where they haven&#039;t been already?&nbsp;&nbsp; To me it seems the markets should be maximized by now.&nbsp;&nbsp; To get in now is like getting in at the bottom of the pyramid.&nbsp; Much, MUCH harder for these companies to see gains like they have seen in the past!!&nbsp; For the vast majority anyway.&nbsp;&nbsp; </p><p><br /></p><p>&nbsp;&nbsp; I&#039;m not an expert.&nbsp;&nbsp; But my concern is that there&#039;s a lot of older people who try to convince you how good the stock markets are because of how well they&#039;ve done over the decades.&nbsp;&nbsp; (Just don&#039;t look at this past decade!)&nbsp; &nbsp;&nbsp; They want you to believe that somehow we should be able to take a carbon copy of the past 80 years and project that onto the charts for the next 80 years.&nbsp;&nbsp; As if all these companies can/will miraculously keep expanding and growing forever!&nbsp; &nbsp; But that&#039;s impossible.&nbsp; &nbsp; Any profitable market that could be tapped, should have been tapped by now!&nbsp;&nbsp; Unless there&#039;s some new technology.&nbsp;&nbsp; The next 80 years will likely be a polar opposite of the past 80 years.&nbsp;&nbsp; There isn&#039;t much made in the USA anymore and millions of jobs have disappeared forever.&nbsp;&nbsp; That&#039;s really the heart of it.&nbsp; </p><p><br /></p><p>&nbsp;&nbsp; I won&#039;t even go into the fact of how many millions of baby boomers will be retiring en-mass over the next 20 years.&nbsp; Who will all need to be selling those stocks to somebody for them to survive on.&nbsp;&nbsp; Hopefully the next generation can absorb it all and buy it all from them.&nbsp;&nbsp; If not, the markets could be at their peaks again right now.&nbsp; (Despite being in the red factoring in the past 10 years of inflation.)&nbsp;&nbsp; To me, the writing&#039;s on the wall.&nbsp; But, maybe I&#039;m underestimating the upcoming work force.&nbsp; What&#039;s left of it anyway.&nbsp; &nbsp;&nbsp; That&#039;s my basic view on it.&nbsp; &nbsp; Trying to be realistic.</p><p><br /></p><p>&nbsp; Oh yeah, another little known fact is that when the CEOs and &quot;bigwigs&quot; of these companies get their bonuses in stock options (to avoid the higher income tax rates), they &#039;<u>create</u>&#039; brand new shares for them out of thin air.&nbsp; Thereby inflating their stock without investors realizing it.&nbsp;&nbsp; Then, they have to gradually sell it off to all the sucke.....I mean... investors so as not to flood the market with new shares and drive the price down.&nbsp; &nbsp;&nbsp; </p><p><br /></p><p>&nbsp; The only reason people are in the markets is because someone else told them it was the thing to do.&nbsp; If people really read about them and totally understood how they worked now, nobody would want to be in them.</p><p><br /></p><p>&nbsp;&nbsp;&nbsp; It wasn&#039;t always this way.&nbsp; But it has turned into a very ugly game in which the rich can manipulate it all to their benefit.&nbsp;&nbsp; You have to be lucky to finish on the winning side. With them.&nbsp; &nbsp;&nbsp; For example, many people believe short selling should be outlawed because there&#039;s too much incentive for corruption.&nbsp; It&#039;s too easy for insiders to cause a stock to tank and run away with a fortune.&nbsp;&nbsp; </p><p>&nbsp;&nbsp; You not only have the uphill struggle for a stock to be successful, but often times now, people are betting for it&#039;s failure so they can win big.&nbsp; &nbsp; When there&#039;s huge rewards and incentives for a stock to plummet, it&#039;s not too hard for the powers that be to leak a little bad info.&nbsp;&nbsp; Then all the shareholders think, &quot;Well shucks, what bad luck!&nbsp; Everybody lost and got screwed.&quot;&nbsp; Well,........not everybody.&nbsp; <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" /></p><p><br /></p><p>&nbsp;Just my .02 cents.[/QUOTE]</p><p><br /></p>

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