2020 is very far far far away. Can make plenty in one year so shouldât quit the stock market yet. Can start selling your rental, take time to sell RE In recession, the issue is not enough renters, rent may have to chop to 1/3
Is 56.6% a good enough number? Do we have historical data on the accuracy of mainstream economistâs recession forecast? If they are always wrong to predict a recession more than 12 months away, we can just treat their forecast as a high school project.
Economists are just witches, they are not Newton or Einstein, no need for unwarranted respect
Many so-called âscientistsâ are just third class witches, you can treat their words as gossip. They just gossip and gossip to make a living out of hard working people for their useless âworkâ
Anything above 50% is good.
Second, it is prediction, that means it can go wrong as no one can predict future perfectly.
Third, it is guidance, just a warning to be cautious.
It is up to us to take it or leave it.
Vanguard Group will no longer allow individual investors to make new trades on certain investments that seek to magnify bets, pouring cold water on strategies that became popular after the last financial crisis.
Starting January 22, customers wonât be able to purchase so-called leveraged or inverse products via Vanguardâs brokerage platform, the firm said in a release this past week. That cuts out roughly 400 such securities and funds currently offered on that platform.
The move by the worldâs second-largest money manager by assets comes as these complex products gain traction among investors and increased scrutiny from regulators because of the risks involved. Leveraged funds magnify gainsâor lossesâof an index while inverse products seek to produce the opposite performance of an index.