A crash really occurs when you suddenly have a violent downturn in the market that then heralds a long bull market. - Ron Chernow
Most individuals do not know the difference between a bull market and a bear market. This is one of the most important investing concept to understand. If you do not understand how the market is going, how do you know what your money is doing?
A bull market is a long-term upward trend.
A bear market is a long-term downward trend.
Right now their are bull markets in Gold, Silver, Uranium, and Commodities. Most people do not and will never invest in commodities. The average person invests in mutual funds, 401k's, and IRA's. The reality is those are in bear markets right now. Yes a downward trend. The argument is, well they will increase on average over 8% a year for the life of the fund. The ignorance in that is this... the largest bear market right now is the $US dollar. It is continually and will continue to lose it's value. Mutual Funds, 401k's, and IRA's are great ways for the rich to steal from your wealth. It is a market of derivatives... the very reason the United States is in the pickle it is in.
The B Side To The Truth is investing is simple when you do the first investment, which is gain the knowledge necessary and have the confidence in yourself to make the right decisions in every realm of life. All of life is based upon patterns, get good at understanding patterns and have the ability to create happiness now.
Colton - discover your true'ness'
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