The stock market

[dan88911]

Is now the time to get back in the market?

[Jim Bremner]

I'm thinking that there will be a correction soon.

15k is high even if you convert it to pre 2008 value of the USD. The amount of people out of work and other factors don't jive in my mind.

[dan88911]

Yeah,but with interest rates at all time lows, stocks continue to offer good prospects.
Maybe high unemployment is the new normal.

[Rusty Heap]

Flash back to when Gold was $500 an ounce.............

[Chocaholic]

I keep waiting for the correction to jump in, but it keeps going up.

[recycled sixtie]

I was visiting with the fin. planner yesterday applying for life insurance(!?) and he said the prospects for the US econ. were considerably better than Canada . I asked if I should switch some $$$ out of the Can. market - he said no as I had already have some invested in the US anyway through mutual funds.He said the US econ. looked good because of the housing starts. Three jobs are created for every house built.

If I had spare cash I would be putting it in the US stock market. I am not a prof. so don't necessarily follow my advice!

[krystar]

not an expert....but i can tell u my portfolio is a big up from a year ago. and i haven't put any more money into it.

google +43.92%
stratsys +11.81%
tesla +111.78%
zillow +53.34%
abalx mutual fund +19.88%

[widgeon13]

Maybe if the market takes a dump Apple might go back up. I know, wishful stupid thinking.

[FastCarFan]

Originally Posted by dan88911

Is now the time to get back in the market?

I think the "time to get back in the market" was about a year ago.

[RWebb]

Originally Posted by dan88911

Yeah,but with interest rates at all time lows, stocks continue to offer good prospects.
Maybe high unemployment is the new normal.

combine these two stmts. to make one question:

can a company increase profits without employing a lot of people?

the answer is YES - automation, computerized control and robotic manf.ing enable this - it's tough on those who are not educated and they are the ones unemployed - US unemployment rate for college grads. (yes, includes art majors) is < 4%

in addition, where else can you put your money? Bonds? CDs? nope

[FrankyV]

You never should have gotten out...buying in now is getting in at the top, the classic "buy high, sell low" mistake many people make.

[matt711]

Get in, stay in and pray that when you are ready to retire we are at another peak... If not, wait to retire.

Glad I bought gold years ago but am tempted every time it goes crazy. Same with Silver. With my luck they will bottom out just about the time Im ready retire.

[lukeh]

Originally Posted by FastCarFan

I think the "time to get back in the market" was about a year ago.

Agreed, when people that weren't in, now want to get in, you know it is about time to get out.

[RWebb]

you should always be partway in