Home › Forums › Financial Markets/Economics › Buy now or be priced out forever!
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kewp.
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March 11, 2008 at 1:11 PM #167968March 11, 2008 at 1:14 PM #167548
Anonymous
GuestTook it as an opportunity to buy a few more ultrashort shares.
March 11, 2008 at 1:14 PM #167870GuestTook it as an opportunity to buy a few more ultrashort shares.
March 11, 2008 at 1:14 PM #167877GuestTook it as an opportunity to buy a few more ultrashort shares.
March 11, 2008 at 1:14 PM #167907GuestTook it as an opportunity to buy a few more ultrashort shares.
March 11, 2008 at 1:14 PM #167972GuestTook it as an opportunity to buy a few more ultrashort shares.
March 11, 2008 at 1:19 PM #167558TheBreeze
ParticipantPhhheewwww! Dow closed up +417. Monster move.
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.
March 11, 2008 at 1:19 PM #167883ParticipantPhhheewwww! Dow closed up +417. Monster move.
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.
March 11, 2008 at 1:19 PM #167886ParticipantPhhheewwww! Dow closed up +417. Monster move.
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.
March 11, 2008 at 1:19 PM #167917ParticipantPhhheewwww! Dow closed up +417. Monster move.
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.
March 11, 2008 at 1:19 PM #167983ParticipantPhhheewwww! Dow closed up +417. Monster move.
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.
March 11, 2008 at 1:24 PM #167563Diego Mamani
Participant“The Fed is pulling out all the stops…”
Agreed. Problem is, each stop it pulls brings the dollar down more and more. The current “war on the dollar” and “war on savers” moves on at full steam, thanks to our central bank (by the way, its name is abbreviated Fed, not FED).
A recession that penalizes those who took too much risk durig the boom (and penalizes some innocent victims too) would be preferable to the current situation: countless savers are being robbed of the value of their life savings, and our unstable and debased currency will create problems for years and years to come. And the risk takers who created this mess in the first place? They get a bailout! So they’ll be even more careless in the next boom.
Geez, thanks Fed for being so “independent” and withstanding political pressure to flood the world with dollars and decimating the value of my savings so that debtors can have their irresponsible debts reduced by inflation. (/sarcasm off)
March 11, 2008 at 1:24 PM #167888Participant“The Fed is pulling out all the stops…”
Agreed. Problem is, each stop it pulls brings the dollar down more and more. The current “war on the dollar” and “war on savers” moves on at full steam, thanks to our central bank (by the way, its name is abbreviated Fed, not FED).
A recession that penalizes those who took too much risk durig the boom (and penalizes some innocent victims too) would be preferable to the current situation: countless savers are being robbed of the value of their life savings, and our unstable and debased currency will create problems for years and years to come. And the risk takers who created this mess in the first place? They get a bailout! So they’ll be even more careless in the next boom.
Geez, thanks Fed for being so “independent” and withstanding political pressure to flood the world with dollars and decimating the value of my savings so that debtors can have their irresponsible debts reduced by inflation. (/sarcasm off)
March 11, 2008 at 1:24 PM #167891Participant“The Fed is pulling out all the stops…”
Agreed. Problem is, each stop it pulls brings the dollar down more and more. The current “war on the dollar” and “war on savers” moves on at full steam, thanks to our central bank (by the way, its name is abbreviated Fed, not FED).
A recession that penalizes those who took too much risk durig the boom (and penalizes some innocent victims too) would be preferable to the current situation: countless savers are being robbed of the value of their life savings, and our unstable and debased currency will create problems for years and years to come. And the risk takers who created this mess in the first place? They get a bailout! So they’ll be even more careless in the next boom.
Geez, thanks Fed for being so “independent” and withstanding political pressure to flood the world with dollars and decimating the value of my savings so that debtors can have their irresponsible debts reduced by inflation. (/sarcasm off)
March 11, 2008 at 1:24 PM #167922Participant“The Fed is pulling out all the stops…”
Agreed. Problem is, each stop it pulls brings the dollar down more and more. The current “war on the dollar” and “war on savers” moves on at full steam, thanks to our central bank (by the way, its name is abbreviated Fed, not FED).
A recession that penalizes those who took too much risk durig the boom (and penalizes some innocent victims too) would be preferable to the current situation: countless savers are being robbed of the value of their life savings, and our unstable and debased currency will create problems for years and years to come. And the risk takers who created this mess in the first place? They get a bailout! So they’ll be even more careless in the next boom.
Geez, thanks Fed for being so “independent” and withstanding political pressure to flood the world with dollars and decimating the value of my savings so that debtors can have their irresponsible debts reduced by inflation. (/sarcasm off)
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