My robo advisor sent me a text message today. I think he/she/Caitlyn/Bruce was being mean. It read:
First you lost a decade. Than you missed a bubble.
The lost decade was good to me so I hope we lose seven more….consecutively.
Unfortunately, while I was planning for seven more lost decades I missed a whole bubble. Check it out. It’s real.
I have no idea if we lost a decade or we are in a bubble. It depends on your vantage point and the data you choose to look at.
Nobody really knows…except my Robo and I hope my Robo is not talking to your Robo.