There is an opportunity of a lifetime to make money...so says some guy on Bloomberg.
Wait a second...Didn't we hear the talking heads in April/May talking about "generational buys"??? Secondly, how can anyone invest on fundamentals right now. A 50% haircut to come in S&P earnings and this is an opportunity of a lifetime? You're long term outlook better be about a decade. Just remember, when your 401k falls 50% in value, you need a 100% gain to get back to where it was. Another 30% haircut and...you do the math.
