1. High income but < $200,00 per year start buying shares of stock, artificially inflating the market values. The really big guys stay out.2. Bubble bursts...major sell-offs, th... more1. High income but < $200,00 per year start buying shares of stock, artificially inflating the market values. The really big guys stay out.2. Bubble bursts...major sell-offs, thus prices drop.3. When the market settles at a MUCH lower level, the big guys buy up everything, thus creating a slow rebound. 4. The VERY wealthy become even more wealthy and the mid-wealthy lose out.5. Inflation kicks in and we po'folks pay more for stuff.6. Corporations ride it out by cutting jobs.
Coincidence? Am I a smart investor or just lucky? The fund includes outstanding large-cap growth stocks such as Amazon, Apple, Facebook, Google, and Microsoft.
The Dow Jones industrial average surged more than 331 points Nov. 30 to close above 24,000 for the first time in history. Stocks were buoyed by the possibility of the Senate passin... moreThe Dow Jones industrial average surged more than 331 points Nov. 30 to close above 24,000 for the first time in history. Stocks were buoyed by the possibility of the Senate passing the Republican tax-reform bill championed by President Trump.
