[Aktungbby]

Originally Posted by Jimbuna

Many will have lost out but many will have grasped the recent opportunities on offer and made substantial gains.

Exactly; in settling my dad's decade-old portion of my mom's trust-mostly bonds and Coca Cola/conservative stuff, the market downturn, essentially a profit taking quick dump, would have saved capital gains on his 12 year's gains in value and avoided what a consider 'double taxation' w/o throwing in the the chronic devaluation of the dollar:...essentially printed paper to begin with. The recovery has taken that window of opportunity away...again. No problem: I'll just sit tight till they devalue the Yuan again. What is the non-gold backed dollar worth? is my biggest worry and 23 countries-no longer backing their currency with dollars-agree with me. I regard the stock market as essentially a giant government-run casino; it and the dollar are not reliable. Plan A: convert all to Swiss francs and move to Canada Eh!
http://www.foxnews24x7.com/2013/04/10-most-expensive-currency-in-world.html