Royal Bank of Scotland: "sell everything"

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08-03-2017, 02:40 PM

#231

SpeedyVagabond

Gets Weekends Off

Joined APC: Jul 2009

Position: Downwind, headed straight for the rocks, shanghaied aboard the ship of fools.

Posts: 1,128

Quote:

Originally Posted by VandalF16

Just wanted to see his and SayAlt's responses after a great year in the market but it appears they have ducked out.

You'll have to wait a little longer I'm afraid. They are hunkered down in their bunkers, munching on their closest to expiration date c-rations and eagerly awaiting the inevitible correction and opportunity to state what fools we all are. Be assured, they monitor this thread like an osprey scanning a river for chow.

01-22-2018, 10:47 AM

#232

SpeedyVagabond

Gets Weekends Off

Joined APC: Jul 2009

Position: Downwind, headed straight for the rocks, shanghaied aboard the ship of fools.

Posts: 1,128

26,000. The RBS and Glen Beck are still out to lunch. SayAlt must be dining with them. : )

01-22-2018, 02:15 PM

#233

Packrat

Banned

Joined APC: Nov 2013

Position: 7th green

Posts: 4,378

Darn it! That's why my 401k has only made over 12% this last year.

08-23-2018, 09:07 PM

#234

Winston

Squawking 2000

Joined APC: Jul 2015

Position: Skeptical

Posts: 737

Quote:

Originally Posted by 121again

'Sell Everything' at Beginning of 'Cataclysmic Year Ahead,' Royal Bank of Scotland Warns - US News

You heard it here first. The music is about to stop.

Forgive the necro-post, but I was just searching out some old 401k topics and came across this.

FWIW, since 1/2016 (when this thread was started) my 401k rate of return is 56.4%, so...

I flew with a guy recently who went all cash since just prior to the ‘16 election, because he was just as confidently clairvoyant as the OP. That move has literally cost his family hundreds of thousands of dollars.