Time to buy the stock market?

[peterb]

Hang on to your hats. This rally looks to be about dead on arrival at this point.

[4plexowner]

“What’s your favorite place for your investments currently ?”

since I started posting on this board in 2004 I have stayed away from giving financial advice

the few times I have given specific advice I was sharing exactly what I was doing with my own money and suggesting that it was the smart thing to do

in the 2004 timeframe my advice was to sell excess real estate and put the proceeds into silver and gold – silver was below $5/oz and gold was below $500/oz – not bad advice in hindsight given what real estate and bullion have done in the last 4 years

I mostly stayed away from the “sell your house and rent” debate because I didn’t believe that was reasonable advice for everybody – my emphasis was on ‘excess’ real estate

in the middle of 2008 I was advising people to cash in their 401Ks and take the tax hit because that was exactly what I was doing at that time – let’s see, took a 15% tax hit and avoided a 30-50% decline in the equity markets – again, not bad advice in hindsight

I’m not ‘investing’ any money in today’s markets so I can’t offer any specific advice in that area – I am speculating in the e-mini’s but don’t have any paper investments (equities, bonds, annuities, etc) that I hold over night

I will share (and have shared) my ‘big picture’ investing advice and that is to identify secular trends and get on the right side of them – that is the sum of my investing advice

a person following this advice only has to make a few correct investment decisions in their lifetime and they will do quite well in the long run

IMO, precious metals are in a secular bull market that has another 5 to 15 years to run while paper investments are in a secular bear market that has at least another 5 years to run – real estate is in a secular bear market that has at least another 3 years to run and probably a few years longer than that

each person has to decide for themselves where the secular bull and bear markets are and how to get on the right side of these trends – obviously, there have to be people on the wrong side of these trends or we wouldn’t have markets to be talking about

[4plexowner]

“What’s your favorite place for your investments currently ?”

since I started posting on this board in 2004 I have stayed away from giving financial advice

the few times I have given specific advice I was sharing exactly what I was doing with my own money and suggesting that it was the smart thing to do

in the 2004 timeframe my advice was to sell excess real estate and put the proceeds into silver and gold – silver was below $5/oz and gold was below $500/oz – not bad advice in hindsight given what real estate and bullion have done in the last 4 years

I mostly stayed away from the “sell your house and rent” debate because I didn’t believe that was reasonable advice for everybody – my emphasis was on ‘excess’ real estate

in the middle of 2008 I was advising people to cash in their 401Ks and take the tax hit because that was exactly what I was doing at that time – let’s see, took a 15% tax hit and avoided a 30-50% decline in the equity markets – again, not bad advice in hindsight

I’m not ‘investing’ any money in today’s markets so I can’t offer any specific advice in that area – I am speculating in the e-mini’s but don’t have any paper investments (equities, bonds, annuities, etc) that I hold over night

I will share (and have shared) my ‘big picture’ investing advice and that is to identify secular trends and get on the right side of them – that is the sum of my investing advice

a person following this advice only has to make a few correct investment decisions in their lifetime and they will do quite well in the long run

IMO, precious metals are in a secular bull market that has another 5 to 15 years to run while paper investments are in a secular bear market that has at least another 5 years to run – real estate is in a secular bear market that has at least another 3 years to run and probably a few years longer than that

each person has to decide for themselves where the secular bull and bear markets are and how to get on the right side of these trends – obviously, there have to be people on the wrong side of these trends or we wouldn’t have markets to be talking about

[4plexowner]

“What’s your favorite place for your investments currently ?”

since I started posting on this board in 2004 I have stayed away from giving financial advice

the few times I have given specific advice I was sharing exactly what I was doing with my own money and suggesting that it was the smart thing to do

in the 2004 timeframe my advice was to sell excess real estate and put the proceeds into silver and gold – silver was below $5/oz and gold was below $500/oz – not bad advice in hindsight given what real estate and bullion have done in the last 4 years

I mostly stayed away from the “sell your house and rent” debate because I didn’t believe that was reasonable advice for everybody – my emphasis was on ‘excess’ real estate

in the middle of 2008 I was advising people to cash in their 401Ks and take the tax hit because that was exactly what I was doing at that time – let’s see, took a 15% tax hit and avoided a 30-50% decline in the equity markets – again, not bad advice in hindsight

I’m not ‘investing’ any money in today’s markets so I can’t offer any specific advice in that area – I am speculating in the e-mini’s but don’t have any paper investments (equities, bonds, annuities, etc) that I hold over night

I will share (and have shared) my ‘big picture’ investing advice and that is to identify secular trends and get on the right side of them – that is the sum of my investing advice

a person following this advice only has to make a few correct investment decisions in their lifetime and they will do quite well in the long run

IMO, precious metals are in a secular bull market that has another 5 to 15 years to run while paper investments are in a secular bear market that has at least another 5 years to run – real estate is in a secular bear market that has at least another 3 years to run and probably a few years longer than that

each person has to decide for themselves where the secular bull and bear markets are and how to get on the right side of these trends – obviously, there have to be people on the wrong side of these trends or we wouldn’t have markets to be talking about

[4plexowner]

“What’s your favorite place for your investments currently ?”

since I started posting on this board in 2004 I have stayed away from giving financial advice

the few times I have given specific advice I was sharing exactly what I was doing with my own money and suggesting that it was the smart thing to do

in the 2004 timeframe my advice was to sell excess real estate and put the proceeds into silver and gold – silver was below $5/oz and gold was below $500/oz – not bad advice in hindsight given what real estate and bullion have done in the last 4 years

I mostly stayed away from the “sell your house and rent” debate because I didn’t believe that was reasonable advice for everybody – my emphasis was on ‘excess’ real estate

in the middle of 2008 I was advising people to cash in their 401Ks and take the tax hit because that was exactly what I was doing at that time – let’s see, took a 15% tax hit and avoided a 30-50% decline in the equity markets – again, not bad advice in hindsight

I’m not ‘investing’ any money in today’s markets so I can’t offer any specific advice in that area – I am speculating in the e-mini’s but don’t have any paper investments (equities, bonds, annuities, etc) that I hold over night

I will share (and have shared) my ‘big picture’ investing advice and that is to identify secular trends and get on the right side of them – that is the sum of my investing advice

a person following this advice only has to make a few correct investment decisions in their lifetime and they will do quite well in the long run

IMO, precious metals are in a secular bull market that has another 5 to 15 years to run while paper investments are in a secular bear market that has at least another 5 years to run – real estate is in a secular bear market that has at least another 3 years to run and probably a few years longer than that

each person has to decide for themselves where the secular bull and bear markets are and how to get on the right side of these trends – obviously, there have to be people on the wrong side of these trends or we wouldn’t have markets to be talking about

[4plexowner]

“What’s your favorite place for your investments currently ?”

since I started posting on this board in 2004 I have stayed away from giving financial advice

the few times I have given specific advice I was sharing exactly what I was doing with my own money and suggesting that it was the smart thing to do

in the 2004 timeframe my advice was to sell excess real estate and put the proceeds into silver and gold – silver was below $5/oz and gold was below $500/oz – not bad advice in hindsight given what real estate and bullion have done in the last 4 years

I mostly stayed away from the “sell your house and rent” debate because I didn’t believe that was reasonable advice for everybody – my emphasis was on ‘excess’ real estate

in the middle of 2008 I was advising people to cash in their 401Ks and take the tax hit because that was exactly what I was doing at that time – let’s see, took a 15% tax hit and avoided a 30-50% decline in the equity markets – again, not bad advice in hindsight

I’m not ‘investing’ any money in today’s markets so I can’t offer any specific advice in that area – I am speculating in the e-mini’s but don’t have any paper investments (equities, bonds, annuities, etc) that I hold over night

I will share (and have shared) my ‘big picture’ investing advice and that is to identify secular trends and get on the right side of them – that is the sum of my investing advice

a person following this advice only has to make a few correct investment decisions in their lifetime and they will do quite well in the long run

IMO, precious metals are in a secular bull market that has another 5 to 15 years to run while paper investments are in a secular bear market that has at least another 5 years to run – real estate is in a secular bear market that has at least another 3 years to run and probably a few years longer than that

each person has to decide for themselves where the secular bull and bear markets are and how to get on the right side of these trends – obviously, there have to be people on the wrong side of these trends or we wouldn’t have markets to be talking about

[4plexowner]

“The truth, based on 60 years of my own experience. The average American should not be in the stock market. Why? Because they tend to buy at the top third of a bull market, and they tend to sell at the bottom third of a bear market. Why do they do that? Because 90% of their actions are a product of their emotions, and emotions are your worst enemy in the stock market.”

again, quote above from Richard Russell yesterday [Richard is 83 and has been watching / analyzing the markets on a daily basis for 60 years – he is one of the few financial analysts old enough to have actually seen ‘hard times’ as an adult (as opposed to that snot-nosed college kid posing as a ‘financial adviser’) – Richard’s daily newsletter costs $300/year which is dirt cheap for his wisdom – about Richard: http://ww1.dowtheoryletters.com/%5D

what Richard is saying above is that the average investor doesn’t have a clue when to get in or out of the market so they do so based on the emotions of greed and fear – when the markets are moving up they think they are missing out on ‘free money’ so they buy into the top third of a bull market – near the bottom third of the following bear market they sell because fear has finally gotten strong enough

Wall Street tries to ‘help’ the average investor by acknowledging the investor’s lack of knowledge and providing them with a strategy: buy and hold and dollar cost averaging

again, how is that strategy working out for you?

[4plexowner]

“The truth, based on 60 years of my own experience. The average American should not be in the stock market. Why? Because they tend to buy at the top third of a bull market, and they tend to sell at the bottom third of a bear market. Why do they do that? Because 90% of their actions are a product of their emotions, and emotions are your worst enemy in the stock market.”

again, quote above from Richard Russell yesterday [Richard is 83 and has been watching / analyzing the markets on a daily basis for 60 years – he is one of the few financial analysts old enough to have actually seen ‘hard times’ as an adult (as opposed to that snot-nosed college kid posing as a ‘financial adviser’) – Richard’s daily newsletter costs $300/year which is dirt cheap for his wisdom – about Richard: http://ww1.dowtheoryletters.com/%5D

what Richard is saying above is that the average investor doesn’t have a clue when to get in or out of the market so they do so based on the emotions of greed and fear – when the markets are moving up they think they are missing out on ‘free money’ so they buy into the top third of a bull market – near the bottom third of the following bear market they sell because fear has finally gotten strong enough

Wall Street tries to ‘help’ the average investor by acknowledging the investor’s lack of knowledge and providing them with a strategy: buy and hold and dollar cost averaging

again, how is that strategy working out for you?

[4plexowner]

“The truth, based on 60 years of my own experience. The average American should not be in the stock market. Why? Because they tend to buy at the top third of a bull market, and they tend to sell at the bottom third of a bear market. Why do they do that? Because 90% of their actions are a product of their emotions, and emotions are your worst enemy in the stock market.”

again, quote above from Richard Russell yesterday [Richard is 83 and has been watching / analyzing the markets on a daily basis for 60 years – he is one of the few financial analysts old enough to have actually seen ‘hard times’ as an adult (as opposed to that snot-nosed college kid posing as a ‘financial adviser’) – Richard’s daily newsletter costs $300/year which is dirt cheap for his wisdom – about Richard: http://ww1.dowtheoryletters.com/%5D

what Richard is saying above is that the average investor doesn’t have a clue when to get in or out of the market so they do so based on the emotions of greed and fear – when the markets are moving up they think they are missing out on ‘free money’ so they buy into the top third of a bull market – near the bottom third of the following bear market they sell because fear has finally gotten strong enough

Wall Street tries to ‘help’ the average investor by acknowledging the investor’s lack of knowledge and providing them with a strategy: buy and hold and dollar cost averaging

again, how is that strategy working out for you?

[4plexowner]

“The truth, based on 60 years of my own experience. The average American should not be in the stock market. Why? Because they tend to buy at the top third of a bull market, and they tend to sell at the bottom third of a bear market. Why do they do that? Because 90% of their actions are a product of their emotions, and emotions are your worst enemy in the stock market.”

again, quote above from Richard Russell yesterday [Richard is 83 and has been watching / analyzing the markets on a daily basis for 60 years – he is one of the few financial analysts old enough to have actually seen ‘hard times’ as an adult (as opposed to that snot-nosed college kid posing as a ‘financial adviser’) – Richard’s daily newsletter costs $300/year which is dirt cheap for his wisdom – about Richard: http://ww1.dowtheoryletters.com/%5D

what Richard is saying above is that the average investor doesn’t have a clue when to get in or out of the market so they do so based on the emotions of greed and fear – when the markets are moving up they think they are missing out on ‘free money’ so they buy into the top third of a bull market – near the bottom third of the following bear market they sell because fear has finally gotten strong enough

Wall Street tries to ‘help’ the average investor by acknowledging the investor’s lack of knowledge and providing them with a strategy: buy and hold and dollar cost averaging

again, how is that strategy working out for you?

[4plexowner]

“The truth, based on 60 years of my own experience. The average American should not be in the stock market. Why? Because they tend to buy at the top third of a bull market, and they tend to sell at the bottom third of a bear market. Why do they do that? Because 90% of their actions are a product of their emotions, and emotions are your worst enemy in the stock market.”

again, quote above from Richard Russell yesterday [Richard is 83 and has been watching / analyzing the markets on a daily basis for 60 years – he is one of the few financial analysts old enough to have actually seen ‘hard times’ as an adult (as opposed to that snot-nosed college kid posing as a ‘financial adviser’) – Richard’s daily newsletter costs $300/year which is dirt cheap for his wisdom – about Richard: http://ww1.dowtheoryletters.com/%5D

what Richard is saying above is that the average investor doesn’t have a clue when to get in or out of the market so they do so based on the emotions of greed and fear – when the markets are moving up they think they are missing out on ‘free money’ so they buy into the top third of a bull market – near the bottom third of the following bear market they sell because fear has finally gotten strong enough

Wall Street tries to ‘help’ the average investor by acknowledging the investor’s lack of knowledge and providing them with a strategy: buy and hold and dollar cost averaging

again, how is that strategy working out for you?

[4plexowner]

[img_assist|nid=10210|title=SP500 long term – logarithmic|desc=|link=node|align=left|width=400|height=232]

you wanted a broader index – how about the S&P 500?

even showing it here in logarithmic scale

still not seeing an 8 or 9 year secular bear

perhaps you could show me what you are referring to

[4plexowner]

[img_assist|nid=10210|title=SP500 long term – logarithmic|desc=|link=node|align=left|width=400|height=232]

you wanted a broader index – how about the S&P 500?

even showing it here in logarithmic scale

still not seeing an 8 or 9 year secular bear

perhaps you could show me what you are referring to

[4plexowner]

[img_assist|nid=10210|title=SP500 long term – logarithmic|desc=|link=node|align=left|width=400|height=232]

you wanted a broader index – how about the S&P 500?

even showing it here in logarithmic scale

still not seeing an 8 or 9 year secular bear

perhaps you could show me what you are referring to

[4plexowner]

[img_assist|nid=10210|title=SP500 long term – logarithmic|desc=|link=node|align=left|width=400|height=232]

you wanted a broader index – how about the S&P 500?

even showing it here in logarithmic scale

still not seeing an 8 or 9 year secular bear

perhaps you could show me what you are referring to

[Author]

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