The S&P 500 is currently 120% above its low in March 2009 (investments, costs)

[Sage 80]

The air up there is getting very thin...

Be careful.

[Sage 80]

Originally Posted by Speed Boys

The Fed is supplying the necessary oxygen to keep this aging bull running, Sage.

Usually doesn't pay to "fight the Fed"

I say buy the dips ... and let it ride...

I wouldn't dream of it! But I've been very cautious with my longs.

[BigCityDreamer]

There really isn't any foreseeable reason for the current bull market to end until a recession is once again looming on the horizon.

[Sage 80]

Originally Posted by BigCityDreamer

There really isn't any foreseeable reason for the current bull market to end until a recession is once again looming on the horizon.

I always get cautious when we're so overextended.

[Bill the Butcher]

My only regret is that I was a late bloomer. Didn't start reading or carrying about personal finance until Dec. 2009. After researching for a few months I decided to jump head first into an S&P Index in the middle of March 2010. Almost exactly a year after the bull run started. If I had had my "epiphany" exactly a year earlier I probably would have had perfect timing. But still, can't complain as my early exposure over these last three and a half years has been mostly nothing but gains both short and long term. Even though I have never had to deal with a -20% or greater down turn in the market for a period of a year or more, I plan to just add as always when the inevitable does eventually happen. Might just not look at the account balance for an entire year or two!

[Sage 80]

Originally Posted by Bill the Butcher

Might just not look at the account balance for an entire year or two!

Hahaha!

[BigCityDreamer]

Originally Posted by Sage 80

I always get cautious when we're so overextended.

That's the irony. I think our nearly $17 trillion national debt is actually having a dampening effect on economic growth. Otherwise, the stock market would be roaring ahead much higher by now.

[mathjak107]

Originally Posted by BigCityDreamer

That's the irony. I think our nearly $17 trillion national debt is actually having a dampening effect on economic growth. Otherwise, the stock market would be roaring ahead much higher by now.

i agree, we should have been at least 20-30% higher than we are but all the weights of the world and potential black swan events have things kept at bay.

[Sage 80]

All of the equity indexes are moving on air again. The S&P's volume ridiculously low this morning, yet it keeps grinding up. This is crazy.

[Sage 80]

S&P closed at 1771.95. It's been an amazing.