4 ms·

yeh a lot of investment pros are worried that the market is getting to high I am wondering if I ought to take some of my profits and buy gold etf's or just got

• zo1 9y ago
  When discussing long-term stocks and the market, I'm always reminded of this article from the NY Times: http://www.nytimes.com/interactive/2011/01/02/business/20110102-metrics-graphic.html http://www.nytimes.com/interactive/2011/01/02/business/20110...
  • J-dawg 9y ago
    That chart seems to directly contradict the oft-repeated advice of “never try to time the market”.
• massaman_yams 9y ago
  Professionals are often wrong, and timing the market is more difficult than it might seem - in no small part because many investors are unable to prevent emotions from affecting their trading decisions. That said, it's entirely possible that the market is irrationally high; the question then becomes how long it can remain that way. There's a famous Keynes quote - “The market can stay irrational a lot longer than you can stay solvent.” If you do think stocks are overpriced, it may be advisable to create a disciplined strategy for profit taking - selling a few percent of your net assets each time the market increases by, say, 10%.
  • TheAdamAndChe 9y ago
    I seriously wonder how index funds have affected the volatility of the stock market. The stock market has been growing independent of popular sentiment or trust in growth, which makes me wonder if the growth is driven by a massive number of people automating their investments through index funds and just forgetting about it.