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<blockquote data-quote="The_Quiet_One" data-source="post: 8615433" data-attributes="member: 614562"><p>[quote name='Boomin_tahoe']@Souldrop I don&#39;t know if you follow the stock market or not,...news and such but keep seeing/reading stories of how we&#39;re gonna be in another recession soon, worse than the one in 2009. A time frame was given between now and 6 months. Things are way overvalued. Checked up on the value of my house lately: $308,000 Outragous. It&#39;s not even worth 200k imo. There&#39;s soon to be bubble breaks and I myself think it may happen. It&#39;s just a matter of time when. And no one&#39;s gonna be prepared for it. </p><p></p><p>Let me know your opinion...</p></blockquote><p></p><p>I follow the stock market. I have a vested interest due to my 401k and IRA. There are always talk about a upcoming recession especially after a significant run like we&#39;ve seen the past year. Saying that I would not be surprised at all if we hit a recession in the next year or two. I&#39;m of the opinion a healthy market should see some corrections; if nothing else a correction eases public sentiment about runaway over-valuing.</p><p></p><p>I&#39;m young so I&#39;m aggressively pursuing growth to hopefully mitigate any downturn. It&#39;s just too difficult to time the market, and I hopefully have 3 more decades to recoup any potential losses.</p><p></p><p>As far as most people I would be surprised if they pay close enough attention to worry about a potential downturn. A lot of my coworkers have substantial 401ks, but ~90% of them can&#39;t even answer what type of investment mix they have much less current market trends *shrug*, so yes I think a lot of people will be surprised at the next recession.</p><p>[/QUOTE]</p>
[QUOTE="The_Quiet_One, post: 8615433, member: 614562"] [quote name='Boomin_tahoe']@Souldrop I don't know if you follow the stock market or not,...news and such but keep seeing/reading stories of how we're gonna be in another recession soon, worse than the one in 2009. A time frame was given between now and 6 months. Things are way overvalued. Checked up on the value of my house lately: $308,000 Outragous. It's not even worth 200k imo. There's soon to be bubble breaks and I myself think it may happen. It's just a matter of time when. And no one's gonna be prepared for it. Let me know your opinion...[/QUOTE] I follow the stock market. I have a vested interest due to my 401k and IRA. There are always talk about a upcoming recession especially after a significant run like we've seen the past year. Saying that I would not be surprised at all if we hit a recession in the next year or two. I'm of the opinion a healthy market should see some corrections; if nothing else a correction eases public sentiment about runaway over-valuing. I'm young so I'm aggressively pursuing growth to hopefully mitigate any downturn. It's just too difficult to time the market, and I hopefully have 3 more decades to recoup any potential losses. As far as most people I would be surprised if they pay close enough attention to worry about a potential downturn. A lot of my coworkers have substantial 401ks, but ~90% of them can't even answer what type of investment mix they have much less current market trends *shrug*, so yes I think a lot of people will be surprised at the next recession. [/QUOTE]
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