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House prices are at a peak and stocks are in a trough. Try to make clear economic decisions and don't be enamored with home ownership. A house is a huge illiqui
by tootie 4y ago
House prices are at a peak and stocks are in a trough. Try to make clear economic decisions and don't be enamored with home ownership. A house is a huge illiquid asset that you can live in. There's calculators out there to use but know that buying a house usually only makes sense if you're definitely staying for at least 10 years. And don't be swayed by headlines. Big tech is doing extremely well and isn't slowing down.
- aluminaient 4y agoThe only time stocks have been this expensive was just before the great depression and just before 2008. They are practically the most overvalued they've ever been, ignoring the last year or two of QE, which were intuitively overpriced. Thinking they are cheap now is how you get burned.
- tootie 4y agoBy what metric? The P/E ration for the S&P 500 is not historically very high right now.
- mpalczewski 4y agoBy just about every metric. Only bested by 2000 and 1929 for some metrics. https://www.advisorperspectives.com/dshort/updates/2022/07/08/is-the-market-still-overvalued https://www.advisorperspectives.com/dshort/updates/2022/07/0... https://www.advisorperspectives.com/dshort/updates/2022/07/07/market-cap-to-gdp-june-buffett-valuation-indicator https://www.advisorperspectives.com/dshort/updates/2022/07/0... https://www.advisorperspectives.com/dshort/updates/2022/07/07/p-e10-june-2022-update https://www.advisorperspectives.com/dshort/updates/2022/07/0...