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<p>[QUOTE="fatima, post: 1259222, member: 22143"]It's stating the obvious and also useless advice for most people because restated it says the investor should try to time the market. Yet there is nothing that anyone can do to determine where the market will be tomorrow, next week, next month, year, decade, etc. This is because there are no longer any realiable market indicators since the government is now picking business winners and losers, risk has been removed (or can't be determined) and nobody believes the ratings agencies. The value of the market can now be changed by a handful of people working at the federal reserve. Nobody has any idea what they will do and when. </p><p><br /></p><p>It's a better plan to simply go to Las Vegas and place bets on the tables. At least there, you know what the odds are. IMO, the true value of the market was briefly revealed in April-June 2009 before the Federal Reserve started printing massive amounts of money and dropping the rates to 0.</p><p><br /></p><p>This is the very reason that people are flocking to PMs. It removes the follies of government from the equation.[/QUOTE]</p><p><br /></p>
[QUOTE="fatima, post: 1259222, member: 22143"]It's stating the obvious and also useless advice for most people because restated it says the investor should try to time the market. Yet there is nothing that anyone can do to determine where the market will be tomorrow, next week, next month, year, decade, etc. This is because there are no longer any realiable market indicators since the government is now picking business winners and losers, risk has been removed (or can't be determined) and nobody believes the ratings agencies. The value of the market can now be changed by a handful of people working at the federal reserve. Nobody has any idea what they will do and when. It's a better plan to simply go to Las Vegas and place bets on the tables. At least there, you know what the odds are. IMO, the true value of the market was briefly revealed in April-June 2009 before the Federal Reserve started printing massive amounts of money and dropping the rates to 0. This is the very reason that people are flocking to PMs. It removes the follies of government from the equation.[/QUOTE]
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