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this is probably some sort of contra-indicator when average joe off the internet recommends Putting most of your money in the stock market. We must be near the

by readhn 8y ago

this is probably some sort of contra-indicator when average joe off the internet recommends Putting most of your money in the stock market. We must be near the Top of this bull run. This bull market is almost 10 years old. We are overdue for a "breather".

matte_black 8y ago
Haven’t you been paying attention? We’ve been breathing for the past two months. My tech stocks have lost over $120k of value since September highs, in just two months.
- madengr 8y ago
  Ha ha, I sunk a few $k in NVDA at $235, thinking they would not be affected by crypto currency (since most people use AMD).
smileysteve 8y ago
What If You Only Invested at Market Peaks http://awealthofcommonsense.com/worlds-worst-market-timer http://awealthofcommonsense.com/worlds-worst-market-timer
madengr 8y ago
You can’t time the market, so either advice is just as wrong/right. Though the stock market will probably be higher 10 years from now.
- readhn 8y ago
  >> You can’t time the market, What about these 4 guys just before 2008? • Economist A. Gary Shilling warned his newsletter subscribers about a housing bust and wholesale deleveraging of household debt that would hobble the economy for years. • Money manager James Stack also told his clients the housing bubble had burst and that a new bear market was coming—while stocks were hitting all-time highs. • Raghuram Rajan, then chief economist of the International Monetary Fund, said the amount of risk and leverage in the system was much higher than most people thought. • John Mauldin said a housing bust would lead to a drop in consumer spending, a bear market, and a recession (though at first he thought it would be a mild one), and that credit default swaps (CDSs) posed a systemic risk. Plenty of folks "predicted" 2000 dot com crash and 2008 crisis. Noone listened though.
  - novaRom 8y ago
    I did. So what? I have acquired some Google, Amazon, Apple and Nvidia in August 2007 - guess how much times it's higher now?
    - readhn 8y ago
      all i know is when people start to get cocky and complacent mr. market usually does not take too long to serve a lesson. nothing. goes. up. forever.
lazyjones 8y ago
> This bull market is almost 10 years old. We are overdue for a "breather". I've been hearing this for years. It's just FUD. Yes, the market will deflate again, but in the long run - and I assume the OP plans for the next 40 and not 3 years - it's hard to beat the stock market with other non-time-consuming investments.

by readhn 8y ago

matte_black 8y ago

Haven’t you been paying attention? We’ve been breathing for the past two months. My tech stocks have lost over $120k of value since September highs, in just two months.

madengr 8y ago
Ha ha, I sunk a few $k in NVDA at $235, thinking they would not be affected by crypto currency (since most people use AMD).

smileysteve 8y ago

What If You Only Invested at Market Peaks http://awealthofcommonsense.com/worlds-worst-market-timer http://awealthofcommonsense.com/worlds-worst-market-timer

madengr 8y ago

You can’t time the market, so either advice is just as wrong/right. Though the stock market will probably be higher 10 years from now.

readhn 8y ago
>> You can’t time the market, What about these 4 guys just before 2008? • Economist A. Gary Shilling warned his newsletter subscribers about a housing bust and wholesale deleveraging of household debt that would hobble the economy for years. • Money manager James Stack also told his clients the housing bubble had burst and that a new bear market was coming—while stocks were hitting all-time highs. • Raghuram Rajan, then chief economist of the International Monetary Fund, said the amount of risk and leverage in the system was much higher than most people thought. • John Mauldin said a housing bust would lead to a drop in consumer spending, a bear market, and a recession (though at first he thought it would be a mild one), and that credit default swaps (CDSs) posed a systemic risk. Plenty of folks "predicted" 2000 dot com crash and 2008 crisis. Noone listened though.
- novaRom 8y ago
  I did. So what? I have acquired some Google, Amazon, Apple and Nvidia in August 2007 - guess how much times it's higher now?
  - readhn 8y ago
    all i know is when people start to get cocky and complacent mr. market usually does not take too long to serve a lesson. nothing. goes. up. forever.

lazyjones 8y ago

> This bull market is almost 10 years old. We are overdue for a "breather". I've been hearing this for years. It's just FUD. Yes, the market will deflate again, but in the long run - and I assume the OP plans for the next 40 and not 3 years - it's hard to beat the stock market with other non-time-consuming investments.