Shrink-
Personally, I liquidated myself completely out of the market about 3 weeks ago with the Dow at around 10,350.
With the current state of affairs abroad and the growing threat of mainland securtiy, I would presume that the majority of individuals are a little weary of the market.
Many investors are finding other vehicles to invest their money that have potential larger gains with less risk.
One historical stock market indicator that I find fascinating is............
The market over the years as performed approximently 2.5 times better in the six month periods between NOV-APR than from MAY-OCT...............something along the lines of 12.4% to 4.9% return.
PS- Maybe I can interest you in some fine Iowa farmland as an investment option Mr. Shrinkwrap.
Personally, I liquidated myself completely out of the market about 3 weeks ago with the Dow at around 10,350.
With the current state of affairs abroad and the growing threat of mainland securtiy, I would presume that the majority of individuals are a little weary of the market.
Many investors are finding other vehicles to invest their money that have potential larger gains with less risk.
One historical stock market indicator that I find fascinating is............
The market over the years as performed approximently 2.5 times better in the six month periods between NOV-APR than from MAY-OCT...............something along the lines of 12.4% to 4.9% return.
PS- Maybe I can interest you in some fine Iowa farmland as an investment option Mr. Shrinkwrap.
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by FISHHEAD:
Shrink-
Personally, I liquidated myself completely out of the market about 3 weeks ago with the Dow at around 10,350.
With the current state of affairs abroad and the growing threat of mainland securtiy, I would presume that the majority of individuals are a little weary of the market.
Many investors are finding other vehicles to invest their money that have potential larger gains with less risk.
One historical stock market indicator that I find fascinating is............
The market over the years as performed approximently 2.5 times better in the six month periods between NOV-APR than from MAY-OCT...............something along the lines of 12.4% to 4.9% return.
PS- Maybe I can interest you in some fine Iowa farmland as an investment option Mr. Shrinkwrap.<HR></BLOCKQUOTE>
Fish you now why, because most of the Big time Execs and Portfolio managers(crooks) are Yachting,golfing and vacationing around the world. Enjoying the investors money.
Shrink-
Personally, I liquidated myself completely out of the market about 3 weeks ago with the Dow at around 10,350.
With the current state of affairs abroad and the growing threat of mainland securtiy, I would presume that the majority of individuals are a little weary of the market.
Many investors are finding other vehicles to invest their money that have potential larger gains with less risk.
One historical stock market indicator that I find fascinating is............
The market over the years as performed approximently 2.5 times better in the six month periods between NOV-APR than from MAY-OCT...............something along the lines of 12.4% to 4.9% return.
PS- Maybe I can interest you in some fine Iowa farmland as an investment option Mr. Shrinkwrap.<HR></BLOCKQUOTE>
Fish you now why, because most of the Big time Execs and Portfolio managers(crooks) are Yachting,golfing and vacationing around the world. Enjoying the investors money.
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by Banned4Life:
The stock market is a rigged game and you'd have as much success asking a Magic 8-Ball for investment advice than the clowns who pass themselves off as "financial gurus".<HR></BLOCKQUOTE>
B4L-
I beg to disagree, as will most financial savvy individuals.
The stock market has been a TREMENDOUS investment vehicle for disciplined investors over the years.
The stock market is a rigged game and you'd have as much success asking a Magic 8-Ball for investment advice than the clowns who pass themselves off as "financial gurus".<HR></BLOCKQUOTE>
B4L-
I beg to disagree, as will most financial savvy individuals.
The stock market has been a TREMENDOUS investment vehicle for disciplined investors over the years.
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR> The stock market has been a TREMENDOUS investment vehicle for disciplined investors over the years. <HR></BLOCKQUOTE>
And most of these people made their own decisions rather than listen to the Jack Grubmans of the world who were telling them to buy Enron, WorldCom, and whatever other piece of shit stocks that his bosses needed to unload.
And most of these people made their own decisions rather than listen to the Jack Grubmans of the world who were telling them to buy Enron, WorldCom, and whatever other piece of shit stocks that his bosses needed to unload.
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by Illini:
B4L- Most successful investors don't even have to make any decisions like that. The only decision is deciding to pay yourself first, put the money in good mutual funds, and collect when you retire. The market isn't going anywhere but up in the long run.<HR></BLOCKQUOTE>
I agree..IMO I think the DOW will be around 12000 to 12500 and the Nasdaq should be around 2100 to 2200 by the end of the year
B4L- Most successful investors don't even have to make any decisions like that. The only decision is deciding to pay yourself first, put the money in good mutual funds, and collect when you retire. The market isn't going anywhere but up in the long run.<HR></BLOCKQUOTE>
I agree..IMO I think the DOW will be around 12000 to 12500 and the Nasdaq should be around 2100 to 2200 by the end of the year
Pulling out of the stock market entirely? My answer would be no. Reducing your current risk to a more conservative position and more diversified position, my answer would be yes. There is absolutely no doubt that the Fed will begin a slow process of raising interest rates as early as June or possibly September. The market has somewhat already begun to reflect this pending change. Interest rates were being kept extremely low over the past few years because the Fed feared deflation and acted quickly to insure that this would not occur. With what is "perceived" by many as a recovering economy, the Fed will move to control inflation, albeit minimal. This uncertainty as well as the current instability, not only in the Middle East, but around the world will keep the markets in a state of flux. The real concern is that of the unknown. We live in a much different world today following 9/11 and the war in the Middle East and should there be any event similiar or greater in magnitude then that day, a very fragile market would be severely tested.
I've been out for about a year and missed out on a good 15% move even from here. But if your goals are 3 years or more I wouldn't be a seller now in the heart of an election year.
Bonds with maturities in the 3 to 5 year range is my preferred poision right now. B+ paper is fetching 5% to 6% and I sleep better.
Bonds with maturities in the 3 to 5 year range is my preferred poision right now. B+ paper is fetching 5% to 6% and I sleep better.
The answer to this depends on what sort of investor you are. Anyone who was buying stocks in 2000 when the market peaked has to ask:
Why should I not be buying MORE now that stocks are 35% or so cheaper? Plus, all the crap that was floated at silly prices back then has been pretty much wiped out - main exception being Google which has nothing to recommend it at the price being sought.
Anyone who invests in quality stocks now with good profit record, strong balance sheets and a clear increased edge over competitors in the past 2 tough years, is unilikely to be sorry 5 years from now.
Unless you truly believe that Western capital markets as we know them are about to suffer a once in a generation calamity.
I am mainly a UK investor and have beaten the UK market every year since 1997, albeit not that much comfort on the face of it to be 19% down when the market lost 21%.
Down years are opportunites, up years are threats.
Why should I not be buying MORE now that stocks are 35% or so cheaper? Plus, all the crap that was floated at silly prices back then has been pretty much wiped out - main exception being Google which has nothing to recommend it at the price being sought.
Anyone who invests in quality stocks now with good profit record, strong balance sheets and a clear increased edge over competitors in the past 2 tough years, is unilikely to be sorry 5 years from now.
Unless you truly believe that Western capital markets as we know them are about to suffer a once in a generation calamity.
I am mainly a UK investor and have beaten the UK market every year since 1997, albeit not that much comfort on the face of it to be 19% down when the market lost 21%.
Down years are opportunites, up years are threats.
Fishhead, I am in the market from the middle of Octber and exit in the middle of March, give or take a few days. Barrons had an article on this play about 5 years ago. You are right from a historical view that this is a valid fact. I think that the sports that take place in this time frame have the best chance of successful wagering, ie, college football and college basketball. LT
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by sherman:
If I wanted to "play" around with some stocks, where is the place to go? I like sharebuilder.com, as it seems cheaper than the others. Any thoughts? I hate that I can't fund the account using my debit card though.<HR></BLOCKQUOTE>
Sherman- There are many quality discount brokers currently handing out terrific deals.
AMERITRADE offers you 25 free trades for the first 30 days........great offer.
If I wanted to "play" around with some stocks, where is the place to go? I like sharebuilder.com, as it seems cheaper than the others. Any thoughts? I hate that I can't fund the account using my debit card though.<HR></BLOCKQUOTE>
Sherman- There are many quality discount brokers currently handing out terrific deals.
AMERITRADE offers you 25 free trades for the first 30 days........great offer.
I always set stops on my trades and let the market tell me when to get the hell out. This way you never take too much of a beating if you are wrong and if you make a profit it doesn't get completely lost during a bad run.
Apparently we should have gotten out, and bought shares in NBA favorites this past month
Apparently we should have gotten out, and bought shares in NBA favorites this past month
