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Yes, one of my retirement funds is in various stocks, and for the last 17 years I have taken an average of $16,000 from them each December, and by the next December their value is back up to were it was the previous December, so I'd say they are doing well.
I wish I owned stocks. Too late now since conventional wisdom is Buy Low, Sell High.
After reading a few of these other threads, you might be better off not owning them.
If a US attack on North Korea is as imminent as many here seem to believe, the stock market could run into a gigantic, extended down trend. There is just no way to know what the machines are going to do although bad news has been a trigger for them to buy in the past.
Every Presidency since Regan has presided over some type trickle-down/supply-side economics policy, whether in stealth mode or not
And Obama had more Trickle Down on his watch than any president in US History.
Obama is the King of Trickle Down and he would blast Trickle Down in unqualified terms while his supporters cheered and then make every Fed pick a QE pusher. Hilarious. I've wondered if his cheering supporters were mostly clueless or knew Obama was BSing, but didn't care.
My point is were or are stocks overpriced? Did all the new buyers of stock or increased monetary supply drive stock prices up to unreasonable levels? On the whole, until very recently, I would say no.
My point is, Obama's stock market benefitted from the Fed's asset sheet growing ~$1,500,000,000,000.00 in the first 6 months of his presidency while inheriting a low point in the market.
Honey Boo Boo could have had an increase in the stock market were she president at that time.
By some measure the stock market is overpriced...
Schiller P/E ratio is currently 30.28, historical mean is 16.12. Shiller PE Ratio
S&P 500 P/E ratio is currently 24.69, historical mean is 15.66. S&P 500 PE Ratio
S&P 500 Earnings Yield is currently 4.05%, historical mean is 7.39%. S&P 500 Earnings Yield
And Obama had more Trickle Down on his watch than any president in US History.
Obama is the King of Trickle Down and he would blast Trickle Down in unqualified terms while his supporters cheered and then make every Fed pick a QE pusher. Hilarious. I've wondered if his cheering supporters were mostly clueless or knew Obama was BSing, but didn't care.
My point is, Obama's stock market benefitted from the Fed's asset sheet growing ~$1,500,000,000,000.00 in the first 6 months of his presidency while inheriting a low point in the market.
Honey Boo Boo could have had an increase in the stock market were she president at that time.
By some measure the stock market is overpriced...
Schiller P/E ratio is currently 30.28, historical mean is 16.12. Shiller PE Ratio
S&P 500 P/E ratio is currently 24.69, historical mean is 15.66. S&P 500 PE Ratio
S&P 500 Earnings Yield is currently 4.05%, historical mean is 7.39%. S&P 500 Earnings Yield
As I previously wrote until recently I didn't think stocks were overpriced. I think the "Trump Bump" has definitely moved them into overpriced territory. Earnings will either increase or there will be a pull back. Those historically high levels is only since Nov 2016. It seems pretty clear to me that the market is betting future earnings will be significantly higher, presumably because of Trump's policies.
No the economy isn't doing well so it's not a good barometer. We're still closer to the all time high levels for people on food stamps than to the the pre crash year of 2006 levels even though UE is similar.
A massive number of people on food stamps are illegal aliens.
If people come into this country by breaking the law, then they risk being a part of the economic underclass.
I didn't vote for Trump and won't be in the future. (Also didn't vote for Hillary)
Just realize that voting for a third party candidate is an automatic wasted vote.
It is virtually impossible for a third party candidate to win the election in our system, unless there is some earth-shattering change in our politics that hasn't happened in 220 years.
I'm retired living on small investment income. When Trump was installed, I imagined that his presidency would be chaotic, so I moved a large percentage my funds from stocks to bonds and other more stable investments.
I understand why our business community reacted positively and would be hopeful now that conservatives control all three branches of our government (thankfully not our fourth estate) and so far the stock market has reflected that confidence. So I haven't earned as much as I might have since January.
But how long will it take before investors wake up and realize that there's still gridlock in DC and no legislation is being passed? How long will it take before investors realize that authoritarian personality types don't like doing business in public and don't work well with others? How long can investors ignore his Russian investments and his, guilty as hell, behavior? How long will it take before investors realize that for all his reported deal making skill, we have a man-child in a dysfunctional WH?
As long as chaos reigns supreme in the WH, I know I made the correct decision...
Apparently you don't agree about what fuels the stock market up or down then, as commented more than a few times in this thread already...
"While most company results this quarter are supporting the case for a firm global economy that’s propelling equity gauges to new highs, questions remain about how long the rally can run amid stretched valuations and mixed U.S. data."
Just realize that voting for a third party candidate is an automatic wasted vote.
It is virtually impossible for a third party candidate to win the election in our system, unless there is some earth-shattering change in our politics that hasn't happened in 220 years.
Just realize that your personal opinion has absolutely zero correlation to the facts.
Sold all my stocks as I am no longer working and retired. I do not want to lose the earnings and interest I have already acquired. I am financially secure.
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