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A quote I read a long time ago, well before the GFC, stated that when you look at your shares and think I wouldn't buy them at this price, it is time to worry. That was the case before the GFC, share prices were stupid.So do you have a lot of shares in your portfolio that you think are at stupidly high prices? I don't.But hey I've been wrong before and if it all turns to manure everything gets hit, but at this point in time with massive injections of stimulus and infrastructure spending, why will it collapse? After all it is only money. As smurf said ride the wave and try to work out when it breaks.
A quote I read a long time ago, well before the GFC, stated that when you look at your shares and think I wouldn't buy them at this price, it is time to worry. That was the case before the GFC, share prices were stupid.
So do you have a lot of shares in your portfolio that you think are at stupidly high prices? I don't.
But hey I've been wrong before and if it all turns to manure everything gets hit, but at this point in time with massive injections of stimulus and infrastructure spending, why will it collapse? After all it is only money.
As smurf said ride the wave and try to work out when it breaks.
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