·The Spectrum Millionaire Investor Confidence Index in May fell 17 points from April.
·That's the biggest month-to-month drop ever recorded by Spectrem Group.
·The survey found 39 percent of millionaires plan to avoid investing in the coming month – the highest percentage since December 2013.
Read more here: http://www.cnbc.com/2017/06/01/millionaires-are-more-afraid-than-ever--nearly-40-percent-are-not-investing.html
You can never lose in investing if you follow the moves the banks
make. And watch the billionaires. When they move into a cash
position, you do the same.
Banks like the Boom, but they LOVE the Bust.
After the Bust, they buy up everything at cents on the dollar.
@demandpeace
Escalator up and the elevator down. Too many people are fearing a crash that this market while I have my doubts as well is going to keep plugging along to the upside. When in doubt buy partial positions into the Indexes if you know nothing about picking stocks and then sit back and watch the money pour in over the next several years as everyone is still afraid of the market. This summer is a good time to average in and get ready for the chase into the end of the year as the hedge funds all chase Alpha to try and match the S&P 500 that they are all trailing currently. Enjoy!
Some will be holding cash ready to buy cheap.