Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
I am looking to enter the market with my first ever investments in 2 Roth IRAs and 1 taxable account. Should I buy in now (VTSMX, VGTSX, VBMFX) or wait for some magical time, say end Aug/early Sept when there are some QE related meetings?
I know I shouldn't time the market but I need to make a decision on this. Help me please
Now in the middle of August, I wanted to update that the stock markets are continuing to take a breather - as was expected - after a strong 18% run in the first 5 months of this year. Things have come back down to earth, which is a good thing.
For the long term, fundamentals are looking good - GDP is going higher, unemployment is going lower, companies earnings are going higher ... All of this bodes well for the stock market.
1,726 ... new Fed-fueled all-time closing high for that broad market index
...monetary climate—primarily the trend in interest rates and Federal Reserve policy—is the dominant factor in determining the stock market’s major direction. -- the late Martin E. Zweig (emphasis mine)
Ok, I see, you have no historical understanding of stock markets. Better hope you are right.
I wonder where this guy is now who joke about my comment back in Jan 2013 when I said I am never sell sell sell when S&P was at 1500??
Well guess what, its at 1730 today and I am still holding since 2009 in my 401k and Roth IRA and haven't sold none of my index funds and never will, til time to re-allocate.
Who cares about historical understanding. I am still buying buying and holding and I know nothing about stock market. Still buying buying buying and never sell sell sell
Yet another record high close (1,733) for the S&P 500
Index now up around 23% year-to-date
Doesn't look like the Fed will taper its stimulus program anytime soon
If you have some dough sitting on the sidelines, you may want to try to find a spot to put it to work in the market.
This historic bull market seems to be marching on to birthday number FIVE in March 2014...
You got that right!! Its still rocking and rolling. Let it keep going up up up.
Yep, I am learning alot, best thing to do is nothing, and continue to buy.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.