The stock market is overvalued
- Thread starter Gonolz
- Start date
Smart move. Nobody can effectively time the market all the time. Studies have shown, get in, ride the highs and ride the lows, will always be better than trying to time the market and get in too late and get out too late.
Good blend of mutual funds and dollar cost average investing is hard to beat.
Investing is an adrenaline rush for me.
After I retired, I dedicated a certain amount of time to following markets and trading.
Outside of the Covid time frame, been a lot of fun.
After I retired, I dedicated a certain amount of time to following markets and trading.
Outside of the Covid time frame, been a lot of fun.
My 100% employee owned stock went up 22% yesterday. We do a once a year adjustment at ESOP time in late March. Yesterday was a big day!
FWIW, I was referring to "inflation defeated" victory laps. And don't look now, but another hot CPI print today. I'm glad you're profiting off this run up, but our money is losing its purchasing power at a crazy rate, and the Fed is not going to be able to cut rates like they have been saying for months. Oil has been rocketing and in May Healthcare services isn't going to be disinflationary like it has been after they "changed the way they calculate it" back in October.
I don't know about anyone else, but letting inflation run rampant is infuriating, and most of it can be blamed on the Treasury and Congress's reckless spending. This isn't limited to one side or the other either.
The upshot for me is when it dips there is more purchasing power. Part of my annual 401k dump in occurs in May, so if we cool if a little by then it works out. I do understand, however, it is vexing for those with a shorter horizon or who are already retired. But if that is the case hopefully you’re not riding the waves and are in something stable.
GDP way down. Inflation way up. Holy stagflation. So now Congress's spending isn't even driving growth, just inflation. Let's be sure to reelect all these morons on both sides this fall!
Jesus. All of the fun I had following the run up to the S&P breaking and zooming past 5K is just a sad memory now.
Election years cause the GDP to be down? Gosh, I wish I had known that.
I'm not surprised that Chis or Joes Place or Tom Paris didn't jump on the board with a new thread crowing about the GDP number. They only post when they see great headlines, even when the headlines are misleading.
A GDP drop from 3.4% to 1.6% in a single quarter is alarming.
A GDP drop from 3.4% to 1.6% in a single quarter is alarming.
A lot of buyers at this morning's lows. There is still A LOT of money sitting on the sidelines. The markets are showing some resilience.
Huge earnings after hours. Woke Google just destroyed expectations, growth numbers like it's a small startup. MSFT also exceeded expectations. This will move the market.
That's really good news. Amazon has taken a beating the past week. They are up $6 (3%) after hours. Their earnings call is 4/30.
Hey, I bought this in January. You mean to tell me I actually picked a stock that went up??
Finally on Google. That stock is overdue for a run.
Surprised you keep coming out of hiding to bump this thread. I was actually wondering if you had any money left for internet service based on your gems from Page 3.
Dude, I made like 8k shorting it from 4800 to 4100. Yes, I lost some of those gains when we ripped face after FOMC in November, but do you really think I didn't jump in on the absolute stupidity of the market and buy calls over the last 6 months?
