02-05-2018, 09:50 PM
(02-05-2018, 09:41 PM)SunsetBengal Wrote: "Money people" on the radio were explaining that after periods of unprecedented growth, often follow with a "market correction", typically around 10%.
They went on to explain that when periods of large growth happen, many short term investors see that as a time to "cash out".
I'm not positive as to the validity of those statements, but they made sense when I was listening.
I've been saying for a while now that the market is cyclical. The market has grown a lot since the recession, and so it is about due for a downturn.
"A great democracy has got to be progressive, or it will soon cease to be either great or a democracy..." - TR
"The test of our progress is not whether we add more to the abundance of those who have much; it is whether we provide enough for those who have too little." - FDR
"The test of our progress is not whether we add more to the abundance of those who have much; it is whether we provide enough for those who have too little." - FDR
