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Shut up already! It’s not 1929
The market is about to crash! Now that I have your attention, I can tell you why you should ignore alarmist headlines (and statements) like that one. It’s not that crashes and downturns have been rescinded by a five-year bull market, it’s that what should matter the most to a long-term investor is the economy over the market, and the long-term trend instead of what’s happening now. It’s hard not to be interested in the market calls of experts, but it’s not necessarily profitable, especially when the projections are more extreme. And yet average investors can’t help themselves from looking at anything that ... (full story)
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- Mar 30, 2014 3:28pm Mar 30, 2014 3:28pm
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- NewtonsCash
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The coincidental success is more dangerous than the expected failure
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- Neqrotik
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The coincidental success is more dangerous than the expected failure
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- vladputin
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