https://www.cnbc.com/2018/02/02/violent-market-selloff-was-pretty-easy-to-spot-and-long-time-coming.html
We have experienced quite a sell off this week and the bond prices have dropped. After what we have experienced over the past year this is pretty normal. People are taking profits and others are panicking and selling. Bond prices have dropped, but if one is structured properly they pay off at 100%. As I have stated on numerous occasions, "patience is a virtue".
Good timing too, considering it was headed for a bubble, there was plenty of margin for profit taking.
And the cycle continues. :thumbup:
Quote from: Solar on February 02, 2018, 02:01:56 PM
Good timing too, considering it was headed for a bubble, there was plenty of margin for profit taking.
And the cycle continues. :thumbup:
January was way too good to be true, no way could the market have continued to grow at that rate.
Quote from: s3779m on February 03, 2018, 06:15:52 AM
January was way too good to be true, no way could the market have continued to grow at that rate.
Yep, at some point, something was going to give, but with a strong mkt and the future brightest in decades, profit taking made room for others to enter the mkt, and the cycle continues.
Those taking profit don't necessarily take the cash and run, they reinvest in the mkt in other areas, making the mkt all that much stronger.
Move over Dims/RINO, Conservatives are running things now. :biggrin: