SDS is doing bad. However, if you are looking at day to day, you are going to have a heart attack. I still say 10,000 by the end of this year.
I don’t necessarily disagree. I’m just funning with the stock market bears with this thread.
I think trying to value the stock market is fundamentally different (and much harder) than valuing a house. Houses are pretty easy: you buy when your mortgage payment + maintenance + HOA + taxes – any tax deductions is less than the rent on an equivalent place. If you really want to own something, maybe you are willing to overpay by a few hundred dollars per month.
Stocks are much harder to value because the valuation is based on a future income stream which cannot be known (although it can be estimated/guessed at). I believe that dollar-cost averaging into the market over the next 15 years or so will put me in position to be able to retire early at that time. It seems most people on this site get more panicky as the stock market goes down, but those are the times when you want to make sure that you continue to DCA.
