Tuesday, May 16, 2017

Ubuntu Going Public


Understanding arrived for "Rocketvalue" that he doesn't really know what he's doing, based on Unity's flop, Mir's crash, and the mobile phone fiasco. That's what happens when you close your mind against those that have seen a thing or two in their day and go off half-cocked thinking you're going to change the world. Change nothing, except your bank account for the worse. Sure, with today's overheated stock market, cash out. You're guaranteed to claw back those losses, because there are fools a-plenty buying stocks these days, with about 40-to-1 being the average P/E ratio among the Mid- and Small- cap U.S. stocks, as though disaster never occurs in human history.

You may be too late, though. A crash could happen any day now, with Trump's amateur hour, and you're still not public. Should have done this months ago. I completed my migration from 100% stocks into balanced, 60-40 funds, but feel that bonds might even be the better choice. I'm just not sure the moment is right for bonds, with their low rates. Maybe in late 2018?

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