Here’s a headline posted December 31, 2018: US stocks post worst year in a decade as S&P 500 falls more than 6%.
An endless parade of “experts” predicted the direction of the market in 2019. Many predicted more “doom and gloom” and suggested “fleeing to safety.”
Cramer weighed in with this observation on December 17, 2018:
It’s not a safe market. It’s a treacherous market. This is the most treacherous market I’ve seen in a many a year.
As of February 23, 2019, the S&P 500 index gained 11.40% YTD.
These “experts” were wrong. Dead wrong.
I’m not an “expert.” I have no idea where the market is headed in 2019. Here’s what I do know.
These “experts” are wolves in sheep’s clothing.
They are trolling for your business by making it appear they have an expertise that doesn’t exist. Relying on their faux “expertise” is the biggest threat to reaching your retirement goals.