is now the time to buy or sell

Well the markets went down because they interpreted the re-election as a sign of no change in the economic policy. What I'm more concerned with is the "fiscal cliff" in December. That could be the catalyst in a large market drop.

Trying to time the markets can be dangerous, though. I'm fortunate (financially speaking) to be young so my investments are diversified and long-term. I'm not concerned (market-timing wise) about the market trends over the next few months.

I say if your ahead get out now before December and sit and see what happens. We may be getting to a point where food, water, gas, and ammo are the most valuable things.

Quote from Lpearson42 : Well the markets went down because they interpreted the re-election as a sign of no change in the economic policy. What I'm more concerned with is the "fiscal cliff" in December. That could be the catalyst in a large market drop. Trying to time the markets can be dangerous, though. I'm fortunate (financially speaking) to be young so my investments are diversified and long-term. I'm not concerned (market-timing wise) about the market trends over the next few months.

What would your opinion be in regards to the effects of a dead locked congress having on mortgage rates? Do you think they will drop below 2%?

Quote from nizzy1115 : I say if your ahead get out now before December and sit and see what happens. We may be getting to a point where food, water, gas, and ammo are the most valuable things.

Ironically enough I'm good for everything save gasoline. Not because I'm paranoid, but because I enjoy firearms (I live in a very rural area) and because of all the crazy good food deals I find on SD!

Quote from drsketch : What would your opinion be in regards to the effects of a dead locked congress having on mortgage rates? Do you think they will drop below 2%?

First of all, let me state I am not a financial planner. No one can guarantee what the future holds and if that claim such, that is one person you should run from.

I am uncertain if what duration of mortgage rate you are referring to, but if any of the rates fall below 2%, I wouldn't expect any to be thrilled because the rate drop is likely coupled with poor(er) economic conditions.

Quote from nizzy1115 : We may be getting to a point where food, water, gas, and ammo are the most valuable things.

are the zombies attacking?
*hums* The Walking Dead theme song

Quote from Lpearson42 : Well the markets went down because they interpreted the re-election as a sign of no change in the economic policy. What I'm more concerned with is the "fiscal cliff" in December. That could be the catalyst in a large market drop. Trying to time the markets can be dangerous, though. I'm fortunate (financially speaking) to be young so my investments are diversified and long-term. I'm not concerned (market-timing wise) about the market trends over the next few months.

But I am concerned about the increases across all classes on Investment incomes.

Interesting how foreign dividend tax policy is unchanged, yet American Investments taxes will go up Dec 31st.

Sounds like a flood of investment money will go foreign to me to avoid taxes.

The Mayan's predicted accurately...Earthquake in Iran today, Earthquake in New Jersey a few days ago, Earthquakes every other day this year.