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<p>[QUOTE=&quot;x78089, post: 1309982, member: 3309&quot;]There is little else that can be suggested.&nbsp; There are very few I have seen post that are more level headed than cloudsweeper.&nbsp; Being of a similar age as you I can understand the angst of looking forward.&nbsp; My first opinion: avoid all 2x ETFs.&nbsp; whether bull or bear they will get you in trouble unless you are following them on a second by second basis on a bloomberg terminal.&nbsp; They are deigned as short term trades, not to be held for any length of time (by this I mean days).&nbsp; I would also suggest you diversify.&nbsp; Own a little of everything and change your allocations based upon your future prognosis.&nbsp; This way if you are wrong it doesn&#039;t wipe you out.&nbsp; Lastly, stop hanging out with other economists (slightly tongue in cheek).&nbsp; I find that most people associate with others who see things the way they do and this leads to group think.&nbsp; From my experience (undergraduate at USMA) economically inclined individuals tend to be the worst in this respect.&nbsp; They will ignore or twist facts counter to their argument long past the point of ridiculousness.&nbsp; </p><p><br /></p><p>but, remember this advice is worth what you have paid for it <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />&nbsp; DYODD</p><p><br /></p><p>Ryan</p><p><br /></p><p>EDIT: I just went back and read all the posts after cloudsweepers and realized I was beaten to the groupthink idea.&nbsp; hopefully this reinforces the point.[/QUOTE]</p><p><br /></p>

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