[pwd72s]

Originally Posted by cbush

Why are folks investing in the market and driving up prices?

1. As long as I am making money, I invest part of it in the stock market
2. Where else are you going to get similiar (long term) returns?
3. I am in it for the long term, and even this downturn hasn't put me off track
4. Buy low-sell high. It sounds simple but folks don't do it. They wait until they have a sure thing (market is high) before jumping in. I think the market is still undervalued.

so that is why I, as a small investor am doing it.

Good strategy...but do balance your portfolio as you age. I'm already retired, so more into income producing investments than gains in equities value. When I was younger I was more heavily into equities, did quite well over the decades. (edit)...once you reach my age (65), well...you hope for long term, but no guarantees. One indicator is the newspaper obits...when you begin seeing people younger than you listed of death causes other than war & accidents, it's time to rethink investment strategies.