Stock Market Correction - Don't Play The Sharks Game

This Blogger has been through 3 or 4 major stock market corrections.   And, though as a safe guard, I have diversified into real estate and other investments I can better control in the past 25 years, I have never played the sharks game related to these corrections.   The sharks in the market, mostly the Big Boys that trade millions of shares of stock each day, often cause and just wait for these corrections to take advantage of those who panic and sell when prices dramatically drop. 

This Blogger has always just stayed put and all the stocks that I own have always come back in time.   Clearly, if you own quality, quality always has value sooner or later.   Sadly, however, in this case, there are many Senior Citizens in the market because with bank savings interest rates so low, for the past 6 years, they needed more yield to support their retirements.   So, they decided to take risks in order to get higher yields, or dividends on corporate stocks.  No doubt many of them will sell in a panic to preserve as much of their Principal as they can.  The sharks will be more than happy to buy these stocks at bargain basement prices.  

But here are the facts.  Though the US economy would be in better shape if not for Obamanista Job Killing Policies,  Europe is a bigger mess and so is China and Japan.   So money will come into the US Stock Market as a safer haven than markets overseas.  The sharks from all over the world will be buying US stocks in the weeks and months ahead to push prices back up.  In the short term, it is inevitable. 

However, it is fair to say that if the voters in the United States do not elect a pro-growth President in 2016 and if we don't deal with our $18 Trillion National Debt that eventually the balloon really will burst.  If and when that happens all bets are off.  The stock market will collapse for real as part of a bigger fiscal collapse of our nation.   Everybody could lose most of the money invested in the stock market, which is why this Blogger always suggests buying gold and real estate.   If this happens, we will experience another Global Depression as bad as what we saw before World War II.  If it happens, the world order will change forever.