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<blockquote data-quote="dschaible" data-source="post: 292858" data-attributes="member: 4870"><p>Cash is the best position to be in at this point. Think 4-6 months before you start buying, 18-36 months before the bear markets over and recovery begins, times may very but this will not be a quick v recovery anytime soon, markets will most likely continue to grind downward for years to come. We are in a bear market, the last 11 years are over.</p><p></p><p>Some companies will not make it though this event, you do not want to own stock in those, best to wait to see who survives. </p><p></p><p>Financial advisers are used car salesmen, recommending you throw 40k in at the top of a 11 year bull market is criminal.</p></blockquote><p></p>
[QUOTE="dschaible, post: 292858, member: 4870"] Cash is the best position to be in at this point. Think 4-6 months before you start buying, 18-36 months before the bear markets over and recovery begins, times may very but this will not be a quick v recovery anytime soon, markets will most likely continue to grind downward for years to come. We are in a bear market, the last 11 years are over. Some companies will not make it though this event, you do not want to own stock in those, best to wait to see who survives. Financial advisers are used car salesmen, recommending you throw 40k in at the top of a 11 year bull market is criminal. [/QUOTE]
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