Are we going to 825 on the S&P 500 again?

Question

Are we going to 825 on the S&P 500 again?

Answer 1

The way the index is going, it is certainly very possible.

Unlike other bad times, this one just seems to have no ending, both in the immediate or near future.

I have been through 3 big market drops, and tough times, like in 73-74,  87, and the 2001-2002 dot com burst.  But this time, I think the phrase  " this time it's different",  takes on new meaning.

I actually fear the worst, that we will have a major bank or banks fail, and lead to a financial crises.  Even money deposited in a Money Market fund or CD may be worthless if inflation keeps going up.

I am stocking up ( within reason, of course ) on food.  Also keep about 3 months spending money in cash, in a safe place at home.  You never know if your bank closes its doors one Friday afternoon, and you have no cash on hand.