I used to think like this for too many years and stayed out of all the markets. I regret it now for two reasons.
Even if you don't play their game, you are still playing their game by holding cash that keeps losing value every day.
If you realise that the stock market is a derivative of the debt market, you can see when things are getting heated to the point where the end might be near.
I highly recommend watching Greg Mannarino on YouTube. He has a very aggressive style, and he rants a lot, and he repeats the same thing each day, but in between all these rants there are golden nuggets. If you watch for a couple weeks you will start picking up a whole new perspective about this game and how it works.
He has created an index called MMRI - its a real simple index if you dig into it, but it gives a clear picture of the risk in the market. You will also realise that as long as Fed keeps printing money every month the market will keep soaring high, but they cannot slow this down without crashing the whole economy. Its a bit like the movie "Speed".
All they are doing is keep pumping the money but spend all their resources in hiding the inflation by manipulating the commodity and metal prices. They are reaching the point where they can no longer hide it and that is when I personally believe everything happens.
I don't hold on to too much cash. It's in assets. Assets at the end of the world are debt free. If you have a castle 10 cannons and 2 tanks who is gonna collect from you in a funny example.
I used to think like this for too many years and stayed out of all the markets. I regret it now for two reasons.
Even if you don't play their game, you are still playing their game by holding cash that keeps losing value every day.
If you realise that the stock market is a derivative of the debt market, you can see when things are getting heated to the point where the end might be near.
I highly recommend watching Greg Mannarino on YouTube. He has a very aggressive style, and he rants a lot, and he repeats the same thing each day, but in between all these rants there are golden nuggets. If you watch for a couple weeks you will start picking up a whole new perspective about this game and how it works.
He has created an index called MMRI - its a real simple index if you dig into it, but it gives a clear picture of the risk in the market. You will also realise that as long as Fed keeps printing money every month the market will keep soaring high, but they cannot slow this down without crashing the whole economy. Its a bit like the movie "Speed".
All they are doing is keep pumping the money but spend all their resources in hiding the inflation by manipulating the commodity and metal prices. They are reaching the point where they can no longer hide it and that is when I personally believe everything happens.
I don't hold on to too much cash. It's in assets. Assets at the end of the world are debt free. If you have a castle 10 cannons and 2 tanks who is gonna collect from you in a funny example.
Can I ask you what kind of assets you consider are debt free?