If you’re a stock investor or know someone who is, please heed or pass this on to them.
I’ve bailed out of most of my equities (stocks) except for core holdings that pay dividends regardless of price. There’s too much uncertainty right now given all the unsettling current events. Plus, a lot of technical indicators point to a market peak. The most visual is by: Momentum Peak Forecaster by Bob Hoye of Institutional Advisors Posted Mar 14, 2011
I may be wrong and I’m usually early but I’d rather be safe than sorry.
Disclaimer: I’m not an investment advisor and these articles are for commentary only. For specific financial advice you should consult your own investment professional.
I have a bit of financial experience having invested in stocks in the 1960s & 70s, commodities in the 80s & commercial real estate in the 90s (I sold in 2005.) I'm back in stocks.
I am appalled at our rapidly deteriorating global condition so I've written articles for family, friends & colleagues since 2007; warning them and doing my best to explain what's happening, what we can expect in the future and what you can do to prepare and mitigate the worst of the economic, social, political and nuclear fallout.
As a public service in 2010 I decided to create a blog accessible to a larger number of people because I believe that knowledge not shared is wasted.