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winner of the Nobel prize in economics just said to pull your money out of the stock market

 
Anonymous Coward
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10/09/2017 11:55 PM
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winner of the Nobel prize in economics just said to pull your money out of the stock market
Winner of the Nobel Prize in economics Richard Thaler said to PBS news hour tonight that Americans should consider pulling their money out of the stock market .

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Anonymous Coward
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10/09/2017 11:58 PM
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Re: winner of the Nobel prize in economics just said to pull your money out of the stock market
"As far as the stock market goes, I'm a little worried about it

there's no real explanation for why it keeps going up other than low interest rates and people aren't sure where to put their money

if i were giving advice, i'd say not to spend the 10-15% of their pay and put it in the stock market and take a little of that money off the table IF You're LIKELY TO NEED IT ANYTIME SOON"
Anonymous Coward
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10/10/2017 12:09 AM
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Re: winner of the Nobel prize in economics just said to pull your money out of the stock market
If that's not a warning I don't know what else to tell you
Anonymous Coward
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10/10/2017 12:13 AM
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Re: winner of the Nobel prize in economics just said to pull your money out of the stock market
Eventually the hollow eggshell rots and collapses.
Anonymous Coward
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10/10/2017 12:26 AM
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Re: winner of the Nobel prize in economics just said to pull your money out of the stock market
He wants to make Trump look bad.
WaitTressSandwhich

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10/10/2017 12:26 AM

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Re: winner of the Nobel prize in economics just said to pull your money out of the stock market
Damn....Judy looks like an Orc now
From the author of Blade Runner:

“There will come a time when it isn't 'They're spying on me through my phone' anymore. Eventually, it will be 'My phone is spying on me'.”

Philip K. Dick
Anonymous Coward
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10/10/2017 12:27 AM
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Re: winner of the Nobel prize in economics just said to pull your money out of the stock market
Damn....Judy looks like an Orc now
 Quoting: WaitTressSandwhich


smfh...Lmao
Scary Kitty

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10/10/2017 12:36 AM
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Re: winner of the Nobel prize in economics just said to pull your money out of the stock market
First I must consult my psychic, I trust her more than some economics expert.

She told me not to sell a few years ago because the market would be going up and up, very glad I listened to her. She is very accurate about a lot of things.
Scary Kitty
Scary Kitty

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10/10/2017 12:38 AM
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Re: winner of the Nobel prize in economics just said to pull your money out of the stock market
First I must consult my psychic, I trust her more than some economics expert.

She told me not to sell a few years ago because the market would be going up and up, very glad I listened to her. She is very accurate about a lot of things.
 Quoting: Scary Kitty


She also told me there were these two military guys around me, and even told me their names. Interesting huh? :)
Scary Kitty
Anonymous Coward
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10/10/2017 12:39 AM
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Re: winner of the Nobel prize in economics just said to pull your money out of the stock market
He wants to make Trump look bad.
 Quoting: Anonymous Coward 63804004


:picard:
Anonymous Coward
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10/10/2017 12:50 AM
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Re: winner of the Nobel prize in economics just said to pull your money out of the stock market
"As far as the stock market goes, I'm a little worried about it

there's no real explanation for why it keeps going up other than low interest rates and people aren't sure where to put their money

if i were giving advice, i'd say not to spend the 10-15% of their pay and put it in the stock market and take a little of that money off the table IF You're LIKELY TO NEED IT ANYTIME SOON"
 Quoting: Astral Goat


Yeah, and?

That's just common sense to not invest what you might need anytime soon.

He's some expert on economics but to him the stock market is like magic with Trump and he can't explain how it works.

Sure.
Anonymous Coward
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10/11/2017 12:52 PM
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Re: winner of the Nobel prize in economics just said to pull your money out of the stock market
Pro tip:

This is not you Grandma's stock market.

Millennials drive the current market and it's stronger than ever.

More people investing than ever.

Look at the history of every bull market.

There will be corrections,yes, crash, hell no.

If you miss out on the next 4-5 years, you're going to miss out on the biggest bull market ever.

It's your money, do what you want, but research and buy the stocks that are shaping the future.

Buy what you can afford. It's not rocket science.
Anonymous Coward
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10/11/2017 12:56 PM
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Re: winner of the Nobel prize in economics just said to pull your money out of the stock market
First I must consult my psychic, I trust her more than some economics expert.

She told me not to sell a few years ago because the market would be going up and up, very glad I listened to her. She is very accurate about a lot of things.
 Quoting: Scary Kitty


She also told me there were these two military guys around me, and even told me their names. Interesting huh? :)
 Quoting: Scary Kitty


Psychics are occult. Don't sell your soul to that nonsense. Once you get advice from a psychic, you're damned. Sure, you might think you got solid advice, but in reality you're fucked. Slowly circling the drain.
Anonymous Coward
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10/11/2017 01:18 PM
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Re: winner of the Nobel prize in economics just said to pull your money out of the stock market
He's a fucking socialist.. I bet he hates that the markets are strong under Trump.
Anonymous Coward
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10/11/2017 01:32 PM
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Re: winner of the Nobel prize in economics just said to pull your money out of the stock market
He's a fucking socialist.. I bet he hates that the markets are strong under Trump.
 Quoting: Anonymous Coward 73791521


Clappa





GLP