Stock markets not at all time highs

Discuss all general (i.e. non-personal) investing questions and issues, investing news, and theory.
Post Reply
asif408
Posts: 1474
Joined: Sun Mar 02, 2014 8:34 am
Location: Florida

Stock markets not at all time highs

Post by asif408 » Thu Nov 08, 2018 9:30 am

For those that have been posting about being scared about investing at all time highs, I have some great news for you. Most of the markets, including the US, are not trading at all time highs right now: https://twitter.com/charliebilello/stat ... 4689838080. In fact, a number are down 20-30% and more.

Does this make you more interested in purchasing stocks, especially outside the US? Or if not, can you explain your reasoning for why not?

PFInterest
Posts: 2538
Joined: Sun Jan 08, 2017 12:25 pm

Re: Stock markets not at all time highs

Post by PFInterest » Thu Nov 08, 2018 9:37 am

nope, im chugging along on the plan.

its a good reminder that many people are bad at math though.

User avatar
JoMoney
Posts: 6112
Joined: Tue Jul 23, 2013 5:31 am

Re: Stock markets not at all time highs

Post by JoMoney » Thu Nov 08, 2018 9:50 am

Still making my regular contributions/stock purchases... I don't have an "international" allocation.
"To achieve satisfactory investment results is easier than most people realize; to achieve superior results is harder than it looks." - Benjamin Graham

columbia
Posts: 981
Joined: Tue Aug 27, 2013 5:30 am

Re: Stock markets not at all time highs

Post by columbia » Thu Nov 08, 2018 10:26 am

JoMoney wrote:
Thu Nov 08, 2018 9:50 am
Still making my regular contributions/stock purchases... I don't have an "international" allocation.
The countries in the left column (in that Tweet) are particularly unappealing.

User avatar
JoMoney
Posts: 6112
Joined: Tue Jul 23, 2013 5:31 am

Re: Stock markets not at all time highs

Post by JoMoney » Thu Nov 08, 2018 10:34 am

columbia wrote:
Thu Nov 08, 2018 10:26 am
JoMoney wrote:
Thu Nov 08, 2018 9:50 am
Still making my regular contributions/stock purchases... I don't have an "international" allocation.
The countries in the left column (in that Tweet) are particularly unappealing.
CCC rated bonds are yielding more than 10% ... I have no interest in those either.
"To achieve satisfactory investment results is easier than most people realize; to achieve superior results is harder than it looks." - Benjamin Graham

User avatar
bottlecap
Posts: 5855
Joined: Tue Mar 06, 2007 11:21 pm
Location: Tennessee

Re: Stock markets not at all time highs

Post by bottlecap » Thu Nov 08, 2018 10:18 pm

The Chart has no explanation. What good is it?

JT

User avatar
unclescrooge
Posts: 2604
Joined: Thu Jun 07, 2012 7:00 pm

Re: Stock markets not at all time highs

Post by unclescrooge » Thu Nov 08, 2018 10:30 pm

columbia wrote:
Thu Nov 08, 2018 10:26 am
JoMoney wrote:
Thu Nov 08, 2018 9:50 am
Still making my regular contributions/stock purchases... I don't have an "international" allocation.
The countries in the left column (in that Tweet) are particularly unappealing.
Didn't stop Russia from being the best performing country a few yesterday back. If you ignored the collapsing economy, and the fact they were invading their neighbors, you would have made 56% that year.

columbia
Posts: 981
Joined: Tue Aug 27, 2013 5:30 am

Re: Stock markets not at all time highs

Post by columbia » Thu Nov 08, 2018 10:34 pm

unclescrooge wrote:
Thu Nov 08, 2018 10:30 pm
columbia wrote:
Thu Nov 08, 2018 10:26 am
JoMoney wrote:
Thu Nov 08, 2018 9:50 am
Still making my regular contributions/stock purchases... I don't have an "international" allocation.
The countries in the left column (in that Tweet) are particularly unappealing.
Didn't stop Russia from being the best performing country a few yesterday back. If you ignored the collapsing economy, and the fact they were invading their neighbors, you would have made 56% that year.
I wish those investors continued luck; no thanks.

User avatar
Taylor Larimore
Advisory Board
Posts: 27507
Joined: Tue Feb 27, 2007 8:09 pm
Location: Miami FL

Re: Stock markets not at all time highs

Post by Taylor Larimore » Thu Nov 08, 2018 10:46 pm

asif408 wrote:
Thu Nov 08, 2018 9:30 am
For those that have been posting about being scared about investing at all time highs, I have some great news for you. Most of the markets, including the US, are not trading at all time highs right now: https://twitter.com/charliebilello/stat ... 4689838080. In fact, a number are down 20-30% and more.

Does this make you more interested in purchasing stocks, especially outside the US? Or if not, can you explain your reasoning for why not?
asif408:

It was reassuring for U.S. investors to see that the 500 Index has fallen less than all the other countries listed. I wonder what our mentor, Jack Bogle, knows that most of us don't know (Jack prefers all-U.S. stocks).

Best wishes.
Taylor
"Simplicity is the master key to financial success." -- Jack Bogle

User avatar
oldzey
Posts: 1073
Joined: Sun Apr 13, 2014 8:38 pm
Location: Land of Lincoln

Re: Stock markets not at all time highs

Post by oldzey » Thu Nov 08, 2018 11:59 pm

JoMoney wrote:
Thu Nov 08, 2018 9:50 am
Still making my regular contributions/stock purchases... I don't have an "international" allocation.
Ditto.

0% international works for me! :beer
"The broker said the stock was 'poised to move.' Silly me, I thought he meant up." ― Randy Thurman

User avatar
stemikger
Posts: 4914
Joined: Thu Apr 08, 2010 5:02 am

Re: Stock markets not at all time highs

Post by stemikger » Fri Nov 09, 2018 12:15 am

All in the balanced index. All U.S. and rebalances without me
Choose Simplicity ~ Stay the Course!! ~ Press on Regardless!!!

Nicolas
Posts: 1119
Joined: Wed Aug 22, 2012 7:41 am

Re: Stock markets not at all time highs

Post by Nicolas » Fri Nov 09, 2018 12:31 am

Deleted
Last edited by Nicolas on Sat Nov 10, 2018 9:14 am, edited 1 time in total.

2015
Posts: 2080
Joined: Mon Feb 10, 2014 2:32 pm

Re: Stock markets not at all time highs

Post by 2015 » Fri Nov 09, 2018 12:53 am

Twitter is "the noise" on steroids.

User avatar
oldcomputerguy
Posts: 3442
Joined: Sun Nov 22, 2015 6:50 am
Location: In the middle of five acres of woods

Re: Stock markets not at all time highs

Post by oldcomputerguy » Fri Nov 09, 2018 5:20 am

2015 wrote:
Fri Nov 09, 2018 12:53 am
Twitter is "the noise" on steroids.
+1. This ought to be engraved in stone and enshrined somewhere prominent.
It’s taken me a lot of years, but I’ve come around to this: If you’re dumb, surround yourself with smart people. And if you’re smart, surround yourself with smart people who disagree with you.

PaulF
Posts: 147
Joined: Wed Aug 06, 2008 10:07 pm
Location: Wisconsin

Re: Stock markets not at all time highs

Post by PaulF » Fri Nov 09, 2018 8:11 am

Yup. I own all of those. Buy the haystack.

Valuethinker
Posts: 36337
Joined: Fri May 11, 2007 11:07 am

Re: Stock markets not at all time highs

Post by Valuethinker » Fri Nov 09, 2018 8:31 am

2015 wrote:
Fri Nov 09, 2018 12:53 am
Twitter is "the noise" on steroids.
STOCK MARKET MAKING ALL TIME HIGHS. SAD.

;-) ;-)

User avatar
arcticpineapplecorp.
Posts: 3336
Joined: Tue Mar 06, 2012 9:22 pm

Re: Stock markets not at all time highs

Post by arcticpineapplecorp. » Fri Nov 09, 2018 8:55 am

Nigeria's a screaming buy!

doesn't look like it's part of the total international stock market index fund though (link below, scroll down to "market allocation, % of common stock"):
https://investor.vanguard.com/mutual-fu ... olio/vtiax

Next farthest fallen market from all time high is Greece. It is 0.1% of the total international stock market index fund. Next few:

Turkey -- 0.2% of the total international stock market index fund
Egypt -- 0.1% of the total international stock market index fund
Columbia -- 0.1% of the total international stock market index fund

and so on...

So, Paul F, no you don't own them all if you own the total international stock market index fund. Most, not all.
"Invest we must." -- Jack Bogle | “The purpose of investing is not to simply optimise returns and make yourself rich. The purpose is not to die poor.” -- William Bernstein

lostdog
Posts: 1241
Joined: Thu Feb 04, 2016 2:15 pm

Re: Stock markets not at all time highs

Post by lostdog » Fri Nov 09, 2018 9:48 am

Here comes the subtle jabs to international investing...again by the same people.

I am enjoying buying stocks at cheap prices.

PaulF
Posts: 147
Joined: Wed Aug 06, 2008 10:07 pm
Location: Wisconsin

Re: Stock markets not at all time highs

Post by PaulF » Fri Nov 09, 2018 10:09 am

arcticpineapplecorp. wrote:
Fri Nov 09, 2018 8:55 am
So, Paul F, no you don't own them all if you own the total international stock market index fund. Most, not all.
Dang it! (I'm chuckling here!) I had worried that may be true before posting, but figgered they all HAD to be somewhere in my EM and Developed Markets funds (but was not serious enough to check 8-) ).

asif408
Posts: 1474
Joined: Sun Mar 02, 2014 8:34 am
Location: Florida

Re: Stock markets not at all time highs

Post by asif408 » Fri Nov 09, 2018 10:42 am

Taylor Larimore wrote:
Thu Nov 08, 2018 10:46 pm
asif408 wrote:
Thu Nov 08, 2018 9:30 am
For those that have been posting about being scared about investing at all time highs, I have some great news for you. Most of the markets, including the US, are not trading at all time highs right now: https://twitter.com/charliebilello/stat ... 4689838080. In fact, a number are down 20-30% and more.

Does this make you more interested in purchasing stocks, especially outside the US? Or if not, can you explain your reasoning for why not?
asif408:

It was reassuring for U.S. investors to see that the 500 Index has fallen less than all the other countries listed. I wonder what our mentor, Jack Bogle, knows that most of us don't know (Jack prefers all-U.S. stocks).

Best wishes.
Taylor
Definitely seems to be the case more often than not, Taylor. But I've also seen that international typically rises more on the way back up, so if you're invested outside the US I don't think you should necessarily give up on international. And if you're rebalancing you should probably be rebalancing more into international if you own it.

Post Reply