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Long story short, I started investing in 2009, lose some money in the beggining (learnign curve?) but later bought some solid dividend stocks when the DOW was in the low 11k and stocks were cheap.
I held on to the stocks till very recently, ( I liquidated most of my stocks late nov-dec) and now hold just a few. I'm 90% cash right now, and I feel like my money is being eaten away by inflation. But at the same time I don't want to join the party too late and later be the one left holding the bag.
What type of investments would you consider at this point? stocks, in general, seem somewhat overpriced. And even total indexes seem like a risky bet knowing that the market is at an all-time high.
What's an investor to do in this situation?
Long story short, I started investing in 2009, lose some money in the beggining (learnign curve?) but later bought some solid dividend stocks when the DOW was in the low 11k and stocks were cheap.
I held on to the stocks till very recently, ( I liquidated most of my stocks late nov-dec) and now hold just a few. I'm 90% cash right now, and I feel like my money is being eaten away by inflation. But at the same time I don't want to join the party too late and later be the one left holding the bag.
What type of investments would you consider at this point? stocks, in general, seem somewhat overpriced. And even total indexes seem like a risky bet knowing that the market is at an all-time high.
What's an investor to do in this situation?
The riskiest thing you can do is to try to time the market (which you are doing).
If you have a 20-30 yr timeline, you should have a long term plan and stick to it. Ignore the noise of the CNBC's and traders/stock pickers who think they have a clear crystal ball.
If you have a 20-30 yr timeline, you should have a long term plan and stick to it. Ignore the noise of the CNBC's and traders/stock pickers who think they have a clear crystal ball.
You got some good advice here, and I would only add that you should learn to ignore what the market in general is doing and pay much more attention to what's going on with your own investments (individual stocks, mutual funds, ETFs, etc). Good luck!
Long story short, I started investing in 2009, lose some money in the beggining (learnign curve?) but later bought some solid dividend stocks when the DOW was in the low 11k and stocks were cheap.
I held on to the stocks till very recently, ( I liquidated most of my stocks late nov-dec) and now hold just a few. I'm 90% cash right now, and I feel like my money is being eaten away by inflation. But at the same time I don't want to join the party too late and later be the one left holding the bag.
What type of investments would you consider at this point? stocks, in general, seem somewhat overpriced. And even total indexes seem like a risky bet knowing that the market is at an all-time high.
What's an investor to do in this situation?
I suspect you bailed out of stocks in Nov-Dec because you were watching TV too much and listened to all the pundits talk about the fiscal cliff. Right? Watching financial porn can be bad for your wealth.
Long story short, I started investing in 2009, lose some money in the beggining (learnign curve?) but later bought some solid dividend stocks when the DOW was in the low 11k and stocks were cheap.
I held on to the stocks till very recently, ( I liquidated most of my stocks late nov-dec) and now hold just a few. I'm 90% cash right now, and I feel like my money is being eaten away by inflation. But at the same time I don't want to join the party too late and later be the one left holding the bag.
What type of investments would you consider at this point? stocks, in general, seem somewhat overpriced. And even total indexes seem like a risky bet knowing that the market is at an all-time high.
What's an investor to do in this situation?
Stocks are the best investments! Don't time the market.
I'm still in with my 401k and a few hundred each month in my taxables. Out in the sense I have a chunk of cash that I'm sitting on in case of a correction. I hope, I hope...
If you must try to gauge market value, forget using where the Dow is as an indicator. I use the method Warren Buffett recommends - total market cap to US GDP ratio, which currently stands at 103.4%, which is modestly overvalued. Here's a link to a site that tracks this ratio dail, and to a 2001 Fortune article that explains why Buffett thinks it is the most useful measure for valuing the market as a whole. Intersting reading, if nothing else.
Long story short, I started investing in 2009, lose some money in the beggining (learnign curve?) but later bought some solid dividend stocks when the DOW was in the low 11k and stocks were cheap.
I held on to the stocks till very recently, ( I liquidated most of my stocks late nov-dec) and now hold just a few. I'm 90% cash right now, and I feel like my money is being eaten away by inflation. But at the same time I don't want to join the party too late and later be the one left holding the bag.
What type of investments would you consider at this point? stocks, in general, seem somewhat overpriced. And even total indexes seem like a risky bet knowing that the market is at an all-time high.
What's an investor to do in this situation?
dadofone, I'm in the same position. I invested in my own business, fully funded retirement account ever year, money earmarked for emergency only and paid off all debt except for a very small amount on mortgage (3.125%) and started investing. This was my game plan and investing was last on the list. I am invested in T, WFC, MO, KO because I can read and read but I learn best by just jumping in. If I fail I will call it an education. It has made it alot more interesting.
But now sitting on cash I don't want to get too aggressive and feel like one of the star struck people waiting for the slaughter but at the same time feel like my money is losing value with every month. What is even funnier is even though invested I am actually happy to see the market go down but for now until I learn more i am resisting adding to my position at least for now.
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