The Aroma of Euphoria

Have you ever played musical chairs? An exciting game, full of anxiety and anticipation, as you are left wondering if you will be left without a seat in the end. When the music stops, that is when the exclamation mark is written, that is when the calamity begins. Just to provide clarity, I’d like to answer two questions for our readers (1) Do I believe there are pockets of “bubblicious” investments in the markets today? Yes. (2) Do I believe that there are investments at attractive bargain prices today? Yes. We have a very valuation polarizing market and all the more reason to be selective and diligent about what you own. So, is it possible to know when some of these bubbles will burst and when the music will stop? I believe Sir John Templeton provides some great insight on these matters, “Bull markets are born on PESSIMISM, grow on SKEPTICISM, mature on OPTIMISM and die on EUPHORIA.” The aroma of euphoria is strong, my friends. Proceed with caution. Links mentioned in this episode: http://thoughtsonmoney.com http://thebahnsengroup.com