Comments on: How does the stock market turmoil affect you? http://blogs.reuters.com/ask/2011/08/09/how-does-the-stock-market-turmoil-affect-you/ Share your views on hot topics Thu, 27 Sep 2012 21:17:04 +0000 hourly 1 http://wordpress.org/?v=3.4.2 By: AllForLight http://blogs.reuters.com/ask/2011/08/09/how-does-the-stock-market-turmoil-affect-you/comment-page-1/#comment-354810 AllForLight Tue, 09 Aug 2011 19:04:38 +0000 http://blogs.reuters.com/ask/?p=12001#comment-354810 I got out before the last crash (only a blind person couldn't have seen it coming) and have been in mostly cash since then. I am still ahead. After this shakeout, it will be time to make a measured return to the market. We are still feeling the effects of the causes of the last crash. Governments will not get us out of this. They can only respond in limited ways to a world economy that is deeply fearful of putting itself back into a buying mode. This is going to be a long, slow grind with more swings to come. I am sure we are better off for the governments having kicked the can down the road, but eventually we will have to pick up that can. I got out before the last crash (only a blind person couldn’t have seen it coming) and have been in mostly cash since then. I am still ahead. After this shakeout, it will be time to make a measured return to the market.

We are still feeling the effects of the causes of the last crash. Governments will not get us out of this. They can only respond in limited ways to a world economy that is deeply fearful of putting itself back into a buying mode. This is going to be a long, slow grind with more swings to come.

I am sure we are better off for the governments having kicked the can down the road, but eventually we will have to pick up that can.

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