Buy stocks. There is no end in sight to America’s economic boom.

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X528
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Buy stocks. There is no end in sight to America’s economic boom.

Post by X528 » Fri Feb 14, 2020 4:08 pm

Buy stocks. If the following Chicago Tribune/ Associated Press article proves to be correct, America’s economic boom will continue for at least another decade.

https://mythfighter.com/2020/02/13/buy- ... omic-boom/

ochotona
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Re: Buy stocks. There is no end in sight to America’s economic boom.

Post by ochotona » Fri Feb 14, 2020 4:11 pm

Words said in 2000 and 2007...
Peter W., MBA, CRPC

DesertDiva
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Re: Buy stocks. There is no end in sight to America’s economic boom.

Post by DesertDiva » Fri Feb 14, 2020 4:23 pm

Ok
:confused

keanoz
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Re: Buy stocks. There is no end in sight to America’s economic boom.

Post by keanoz » Fri Feb 14, 2020 4:25 pm

Time to buy more bonds ....

Triple digit golfer
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Re: Buy stocks. There is no end in sight to America’s economic boom.

Post by Triple digit golfer » Fri Feb 14, 2020 4:28 pm

keanoz wrote:
Fri Feb 14, 2020 4:25 pm
Time to buy more bonds ....
:thumbsup

MotoTrojan
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Re: Buy stocks. There is no end in sight to America’s economic boom.

Post by MotoTrojan » Fri Feb 14, 2020 4:28 pm

keanoz wrote:
Fri Feb 14, 2020 4:25 pm
Time to buy more bonds ....
That is fine too... just be sure to leverage them 10x!

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White Coat Investor
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Re: Buy stocks. There is no end in sight to America’s economic boom.

Post by White Coat Investor » Fri Feb 14, 2020 4:28 pm

Permanently high plateau?
1) Invest you must 2) Time is your friend 3) Impulse is your enemy | 4) Basic arithmetic works 5) Stick to simplicity 6) Stay the course

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greg24
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Re: Buy stocks. There is no end in sight to America’s economic boom.

Post by greg24 » Fri Feb 14, 2020 4:30 pm

I love taking financial advice from sites like mythfighter.com

manatee2005
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Re: Buy stocks. There is no end in sight to America’s economic boom.

Post by manatee2005 » Fri Feb 14, 2020 4:34 pm

ochotona wrote:
Fri Feb 14, 2020 4:11 pm
Words said in 2000 and 2007...
Wrong attitude.

EnjoyIt
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Re: Buy stocks. There is no end in sight to America’s economic boom.

Post by EnjoyIt » Fri Feb 14, 2020 4:38 pm

I prefer articles that talk about doom and gloom.
Too much exuberance can be a death sentence.
A time to EVALUATE your jitters. | https://www.bogleheads.org/forum/viewtopic.php?f=10&t=79939&start=400#p5275418

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Re: Buy stocks. There is no end in sight to America’s economic boom.

Post by Vanguard Fan 1367 » Fri Feb 14, 2020 5:48 pm

I seem to recall John Bogle saying, "nobody knows nothin" . I also like his saying that he doesn't know nor does he know anyone who knows anyone who can time the market.

My investment life really began for me when I picked a 70/30 asset allocation of low fee index funds. I plan to stay the course and I expect that there will be more drops of 20 percent or greater like happened a little over a year ago.
Upton Sinclair: "It is difficult to get a man to understand something when his salary depends on his not understanding it."

Trader Joe
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Re: Buy stocks. There is no end in sight to America’s economic boom.

Post by Trader Joe » Fri Feb 14, 2020 5:50 pm

X528 wrote:
Fri Feb 14, 2020 4:08 pm
Buy stocks. If the following Chicago Tribune/ Associated Press article proves to be correct, America’s economic boom will continue for at least another decade.

https://mythfighter.com/2020/02/13/buy- ... omic-boom/
Yes, this is most certainly the case. The United States is now on the right track for great growth. Finally!

For myself, I just purchased more VFIAX today.

JBTX
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Re: Buy stocks. There is no end in sight to America’s economic boom.

Post by JBTX » Fri Feb 14, 2020 5:59 pm

So as long as deficits increase, the economy will boom and markets will boom. While it sounds ridiculous, I suspect that it will be true, for a while, until it isn't.

frugalecon
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Re: Buy stocks. There is no end in sight to America’s economic boom.

Post by frugalecon » Fri Feb 14, 2020 6:33 pm

It’s interesting that there are a couple of nearby threads suggesting that the market is in a bubble.

Pierre Delecto
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Re: Buy stocks. There is no end in sight to America’s economic boom.

Post by Pierre Delecto » Fri Feb 14, 2020 6:34 pm

frugalecon wrote:
Fri Feb 14, 2020 6:33 pm
It’s interesting that there are a couple of nearby threads suggesting that the market is in a bubble.
All the bubble threads are comforting to me. Makes it seem like there’s still room to run sentiment wise.

Freefun
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Re: Buy stocks. There is no end in sight to America’s economic boom.

Post by Freefun » Fri Feb 14, 2020 6:35 pm

This time it’s different.

I am glad I have an AA and sticking to it.
Remember when you wanted what you currently have?

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Re: Buy stocks. There is no end in sight to America’s economic boom.

Post by flaccidsteele » Fri Feb 14, 2020 6:48 pm

ochotona wrote:
Fri Feb 14, 2020 4:11 pm
Words said in 2000 and 2007...
And those who increased buying of the US stock index in those subsequent years made a killing!
The US market always recovers. It’s never different this time. Retired in my 40s. Investing is a simple game of rinse and repeat

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Kenkat
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Re: Buy stocks. There is no end in sight to America’s economic boom.

Post by Kenkat » Fri Feb 14, 2020 6:49 pm

Queue market drop. On three, two, one...

TomCat96
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Re: Buy stocks. There is no end in sight to America’s economic boom.

Post by TomCat96 » Fri Feb 14, 2020 6:55 pm

ochotona wrote:
Fri Feb 14, 2020 4:11 pm
Words said in 2000 and 2007...
I find that coming out and saying things overtly sometimes puts things in better perspective than leaving things subtlely or in the province of sarcasm.


1. Mythfighter.com has said to buy stocks. There is no end in sight to America's economic boom.
2. Similar words said in 2000 and 2007. In 2000 and 2007, the stock market subsequently crashed.
3. Therefore what will now happen based on those two pieces of information is that the stock market will crash.

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Cheez-It Guy
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Re: Buy stocks. There is no end in sight to America’s economic boom.

Post by Cheez-It Guy » Fri Feb 14, 2020 6:56 pm

^^It closed up today.

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mrspock
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Re: Buy stocks. There is no end in sight to America’s economic boom.

Post by mrspock » Fri Feb 14, 2020 7:00 pm

TomCat96 wrote:
Fri Feb 14, 2020 6:55 pm
ochotona wrote:
Fri Feb 14, 2020 4:11 pm
Words said in 2000 and 2007...
I find that coming out and saying things overtly sometimes puts things in better perspective than leaving things subtlely or in the province of sarcasm.


1. Mythfighter.com has said to buy stocks. There is no end in sight to America's economic boom.
2. Similar words said in 2000 and 2007. In 2000 and 2007, the stock market subsequently crashed.
3. Therefore what will now happen based on those two pieces of information is that the stock market will crash.
Last I checked... anyone who bought in either 2000 or 2007 is doing just fine right now — both being up well over 100% on their money. I fail to see your point? Or have I stumbled into the market timing Boglehead forum by accident?

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RootSki
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Re: Buy stocks. There is no end in sight to America’s economic boom.

Post by RootSki » Fri Feb 14, 2020 7:00 pm

Buy your AA as often as possible.

mindboggling
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Re: Buy stocks. There is no end in sight to America’s economic boom.

Post by mindboggling » Fri Feb 14, 2020 7:07 pm

I am retired but still slightly in accumulation mode as my income exceeds my expenses by a small amount. When I have new money to invest I've been putting half in the VT ETF and half in a federal money market fund.

Current total equity allocation: about 31 percent.
Percent of international equities in total equities: about 20 percent.
In broken mathematics, We estimate our prize, --Emily Dickinson

TomCat96
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Re: Buy stocks. There is no end in sight to America’s economic boom.

Post by TomCat96 » Fri Feb 14, 2020 7:10 pm

mrspock wrote:
Fri Feb 14, 2020 7:00 pm
TomCat96 wrote:
Fri Feb 14, 2020 6:55 pm
ochotona wrote:
Fri Feb 14, 2020 4:11 pm
Words said in 2000 and 2007...
I find that coming out and saying things overtly sometimes puts things in better perspective than leaving things subtlely or in the province of sarcasm.


1. Mythfighter.com has said to buy stocks. There is no end in sight to America's economic boom.
2. Similar words said in 2000 and 2007. In 2000 and 2007, the stock market subsequently crashed.
3. Therefore what will now happen based on those two pieces of information is that the stock market will crash.
Last I checked... anyone who bought in either 2000 or 2007 is doing just fine right now — both being up well over 100% on their money. I fail to see your point? Or have I stumbled into the market timing Boglehead forum by accident?
Yes you have completely failed to see my point.

Do you believe that points 1 and 2 form a cogent argument for conclusion 3?

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mrspock
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Re: Buy stocks. There is no end in sight to America’s economic boom.

Post by mrspock » Fri Feb 14, 2020 7:23 pm

TomCat96 wrote:
Fri Feb 14, 2020 7:10 pm
mrspock wrote:
Fri Feb 14, 2020 7:00 pm
TomCat96 wrote:
Fri Feb 14, 2020 6:55 pm
ochotona wrote:
Fri Feb 14, 2020 4:11 pm
Words said in 2000 and 2007...
I find that coming out and saying things overtly sometimes puts things in better perspective than leaving things subtlely or in the province of sarcasm.


1. Mythfighter.com has said to buy stocks. There is no end in sight to America's economic boom.
2. Similar words said in 2000 and 2007. In 2000 and 2007, the stock market subsequently crashed.
3. Therefore what will now happen based on those two pieces of information is that the stock market will crash.
Last I checked... anyone who bought in either 2000 or 2007 is doing just fine right now — both being up well over 100% on their money. I fail to see your point? Or have I stumbled into the market timing Boglehead forum by accident?
Yes you have completely failed to see my point.

Do you believe that points 1 and 2 form a cogent argument for conclusion 3?
Indeed I had. Thank-you for clearing things up! :D

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Re: Buy stocks. There is no end in sight to America’s economic boom.

Post by SevenBridgesRoad » Fri Feb 14, 2020 7:40 pm

X528 wrote:
Fri Feb 14, 2020 4:08 pm
..If the following Chicago Tribune/ Associated Press article...
People still read financial news articles?
Retired 2018 age 61/Variable Percentage Withdrawal method/One fund: VTINX all accounts/No mortgage,debt/Good enough | "Not using an alarm is one of the great glories of my life." Robert Greene

rascott
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Re: Buy stocks. There is no end in sight to America’s economic boom.

Post by rascott » Fri Feb 14, 2020 8:19 pm

X528 wrote:
Fri Feb 14, 2020 4:08 pm
Buy stocks. If the following Chicago Tribune/ Associated Press article proves to be correct, America’s economic boom will continue for at least another decade.

https://mythfighter.com/2020/02/13/buy- ... omic-boom/

You realize that none of that came from the Tribune/AP right? Look closer. This is loony fringe stuff.

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Re: Buy stocks. There is no end in sight to America’s economic boom.

Post by LadyGeek » Fri Feb 14, 2020 8:22 pm

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