Originally Posted by
Leroy Smith
Famous last words.
I like to go with "But this time is different!"
.
I get the game you are playing. Year after year you will say "the next recession is coming, mark my words" and eventually you will be right, because everything is cyclical. You'll sit there all sumg and glowing because you will be thinking of how smart everybody thinks you are because you predicted this all along. Meanwhile what everybody is actually thinking "this d$#$#bag has been wrong year after year and then now when it finally hits, which we all knew was eventually coming, he fancies himself some type of financial expert".
Look buddy, I'm sorry flipping houses didn't go so well for you in the 00s and you lost your retirement. Here is a little tip for next time, when everybody is doing the same thing, expect things to collapse like a house of cards. The recession we saw in 2008 is a once in every 30 - 50 year recession.