**This board is designed for discussion of wealth ideas / opportunities. It is NOT investement advice and we are not investment advisors. Any information found here should be reviewed with an investement advisor before investing. Please due your own due diligence.

Chinas debt is a worry

By: Java



S is their whole propped up market. What I was referring to was that stnrhe time of my posting sp 500 traded at a forward 12 mo pe at about 22-23 if I recall. Several emerging markets were available at 14-16 I read. If true that means there was a huge value gap. You’re right about eem. I had similar thinking as now back in gosh. 2013? 2014? I jumped into eem with about $100k and in a stupid short time frame like maybe 6 months? Less than a year. It increased to $350,000. I was shocked. Surprised and had not purchased it for a ride to the moon. I just felt a China economy growing at 7-8% was worth my time. When it became a momentum thing and a cult investment I got nervous. I put an order out ther to sell it if it got to some crazy number. The $350,000 and decided that I might miss out on a ride. But when you triple your money. Make $250k on an investment of $100k and it all happens inside 6-10 months? Be thankful. Recognize it’s not real. And walk away. This wasn’t a bet on some hot singular company. I knew the Chinese stock market hadn’t tripled in value in 6-10 months. So I left. And I must have had a guardian angel because if you look. At the charts? I probably bought in at the low. Sold at the high. Maybe within days of each. Never had a story like that before or since. The Chinese crash since then and the overvalued American market has me getting itchy trigger finger again
Post Please Log in OR Register for an account before posting.