What's Got Me Spooked. Call Me a Pessimist. link to this post
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My main reasons for being pessimistic: Housing bubble. Rising gas prices. Inflation, with rising gas prices and increased consumer spending. Why not? Tensions with Iran. Immigration reform. Social security collapse. Foreign investor pull out of America. How do you get over all of these issues, and still invest? This is probably one of my main issues. I need to find a way to overcome them, but it seems like as soon as I do, the market goes down and proves me right! I'm just going to buy gold and lock it up in my basement. :) Financial Reflections write about why he is worried as well.
My main reasons for being pessimistic: Housing bubble. Rising gas prices. Inflation, with rising gas prices and increased consumer spending. Why not? Tensions with Iran. Immigration reform. Social security collapse. Foreign investor pull out of America. How do you get over all of these issues, and still invest? This is probably one of my main issues. I need to find a way to overcome them, but it seems like as soon as I do, the market goes down and proves me right! I'm just going to buy gold and lock it up in my basement. :) Financial Reflections write about why he is worried as well.
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posted by freedumb @ 5/04/2006 02:00:00 PM
2 comments
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I love comments. However, please refrain from posting links unless they are accompanied by an explanation as to why you think that link is beneficial to my readers. All comments can, and will be deleted, if I deem them unacceptable.
2 Comments:
Don't worry too much about things you have little to no control over. Invest your money, stay focused on and monitor those specific investments. Of course you don't have to listen to me but I find the more I worry about the things I can not control the more I drive myself crazy.
Oh by the way I am new to your blog and look forward to reading your posts.
Thanks Andrew...appreciate the comments a lot! For me, it's definitely easier said than done...I will reallocate my savings soon though.
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