Forum Discussion
John_Joey
Sep 11, 2016Explorer
her&I wrote:
Do you have an "in" on the dollar thing?
Naw, just years of investing has taught me one simple rule, what goes up comes down, and what goes down comes up.
Remember when a Barrel of Oil was $120 plus. Speculators were cheering it could only go higher with the high demands that China and India were making, and would require even more oil as they became financial superpowers. Your dollar was strong and the UPS truck was making deep ruts to all our Canadian RV'ers, while the US RV'ers were adding water to the soup waiting out the storm.
Or how about all the "Flip this real estate shows." Making money was a sure thing. Then the bubble burst. And, now we're seeing a slow rise once again in real estate.
Or the tech stock bubble of 2000, but now we're back to where we were, or how 'bout....
Your dollar will get strong again, but (IMO) you should disconnect it some from your tar sands. As the farmers say, "don't put all your eggs in one basket."
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