RE: john46/lastcall12 Aug 2018 18:49
Bubble bursting will happen but I see it closer to 3 years. I was more concerned towards the end of last year than now and reduced a lot of my portfolio and took profits.The big talk was interest rate rises,and whilst they occured have been subdued and are way below the ingredient needed for boom bang. The car industry has been very profitable and they can use their cash to finance PCP rather than calling on Banks.Pcp is running at 80% and yes banks are involved but way below norm.Stockmarkets staying moribund reduces concern.
AS for the Vix if things go sour it will move so fast we won`t get to hit the buttons.Political insecurities,idiots in power,have lost the FEAR to startle as before.Anything short of a nuke being lobbed will only cause a ripple.
Trade wars come and go but realism usually resolve the matters.
Never forget a balanced portfolio and remember Gold, land and buildings and we all know the rest help to allow sleep
at night.The crypto`s and get rich schemes are not for widows and ophans and if in doubt contact a good Financial advisor.
Buying the dips doesn`t work either as we have proved here.