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Personal Finance and Investing

PoindexterOglethorpe

(25,857 posts)

11. Ahhh, the recurrent

Reply to bucolic_frolic (Original post)

Sat Jan 18, 2020, 06:57 AM

Jan 2020

OMFG the market is overvalued SELL SELL SELL post.

In reality, the current market is not overvalued. It's on the high side, but BFD. And if you're trying to time the market, you are playing a fool's game. Okay, so take out some profits, but you're an idiot if you sell everything.

Keep in mind that the market periodically reaches new highs. It never reaches new lows.

And on average, the market goes up two out of every three years.

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12 replies

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Highlight:

How 2019's Market Top Parallels the 2008 Financial Crisis (w/ Sven Henrich) [View all] bucolic_frolic Dec 2019 OP

Uses mostly log charts, which is an imporant thing. empedocles Dec 2019 #1

The tRumpers r doing all they can to stop it alittlelark Dec 2019 #2

Market should be somewhat precarious. Overvalued. aged bull, major support empedocles Dec 2019 #5

I invest in foreign currency. I generally do very well, alittlelark Dec 2019 #6

Sad to say but it may take a market crash to get rid of that SOB nt doc03 Dec 2019 #3

I remember the '87crash James48 Dec 2019 #4

And the major causes of the '08 crash haven't really been fixed..... lastlib Dec 2019 #7

Thanks for posting Sherman A1 Dec 2019 #8

When QE is infinite, profits are infinite, and the market has no top bucolic_frolic Dec 2019 #9

Finally got time to listen to this, glad I had saved it. Valuable perspective and I learned some JudyM Jan 2020 #10

Ahhh, the recurrent PoindexterOglethorpe Jan 2020 #11

I would add that the various P/E ratios that say the market is overvalued don't take into account progree Jan 2020 #12