Stock market is at all-time highs.
But no one ever talks about that. You could trade the ETF "TQQQ" and make 3x your money in a year, on average.
$5,000 for the stock market is a relatively low price. In a developed world, it would be $180,000 or something, with daily moves like 0.1%. That it goes 5k -> 3.5k -> 6k in months time gives confidence to it continuing to go up something like 10%/yr in the long term.
I do think it may not have 4 years of gains if Trump is elected. Election day to 4 years later may be negative, imo. You could spread Gold/Silver vs the market during this time and make a nice gain.
My boat is very jealous…
I still need to figure out a day to run it over east for its winter garage storage before the flakes start flying on Stevens Pass.
Definitely a bit frustrating. Realistically, I don't expect snow at this time of year (more on that below), but seeing freezing levels get down around 3500 feet as is progged in this setup is so close and yet so far. Would have to be a couple thousand feet in the air to see it snowing.
I'll never forget October 7-8, 2000 though. Wasn't living too far from where I am now, and what started as some light lake effect rain changed to heavy, wet snow accompanied by quite a bit of thunder and lightning. That airmass was colder aloft though (850 mb temps got down to about -8C if I remember right) and the low level flow turned a bit offshore during the event, which helped to deflect some of the marine warmth. Still had trouble accumulating to a great degree (higher amounts were farther inland), but it came down so hard that it did accumulate even on the pavement and was enough to knock down tree branches. Such a rare event for that early in the season... not like it was even late October which would be unusual enough. I honestly think I have a better shot at getting a 2 foot snowstorm than having a repeat of that.