5-year high news
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5-year high news
For those who paid attention to finance news before 2000s, did people bother reporting on 5-year highs?
5-year sliding window for S&P 500
https://www.google.com/finance?chddm=486404&q=.INX
If you drag the time range so that the end of timerange is 2000 and then start sliding left, pretty much every month was a 5-year high for the previous 20 years. Not very exciting news. Or maybe not news but still exciting for some.
5-year sliding window for S&P 500
https://www.google.com/finance?chddm=486404&q=.INX
If you drag the time range so that the end of timerange is 2000 and then start sliding left, pretty much every month was a 5-year high for the previous 20 years. Not very exciting news. Or maybe not news but still exciting for some.
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Re: 5-year high news
In the 80's, they weren't "5-year highs"; they were "new highs".
Re: 5-year high news
Bah humbug! Come back and talk to me when we reach a new high adjusted for inflation... later this year
Last edited by gnosis on Tue Mar 05, 2013 3:21 pm, edited 1 time in total.
- bogleblitz
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Re: 5-year high news
Good news today. Hope we can go higher
Re: 5-year high news
Nowhere near a record, when factoring in inflation.
Re: 5-year high news
Dow has recovered since last year so the "news" is based on price only return, which does not make sense to me.
Re: 5-year high news
I hate this. I still have a bunch of cash to invest and although I have no sense of being able to market time, my next purchase is due on April 1, and at these levels I have to hold my nose or hold off a bit. This thing has gone straight up without so much as a 5% correction.
Re: 5-year high news
I agree. We're due for a huge correction, but stay the course. It may continue to go up unabated, I would not wait.Calm Man wrote:I hate this. I still have a bunch of cash to invest and although I have no sense of being able to market time, my next purchase is due on April 1, and at these levels I have to hold my nose or hold off a bit. This thing has gone straight up without so much as a 5% correction.
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Re: 5-year high news
For equity investing to make any sense at all on a buy and hold basis, then "new highs" need to happen all the time, not just once every 5 or 10 years.
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Re: 5-year high news
This time it will be different too. I just wonder what all the paper gain really means right now. Maybe makes joesixpack feel OK and gives equity leverage for companies looking to collateralize their stock for something like credit or a buyout, but I still have a difficult time believing that Mr. Market gives free lunches.Calm Man wrote:I hate this. I still have a bunch of cash to invest and although I have no sense of being able to market time, my next purchase is due on April 1, and at these levels I have to hold my nose or hold off a bit. This thing has gone straight up without so much as a 5% correction.
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Re: 5-year high news
ResNullis wrote» Tue Mar 05, 2013 6:11 pm
Garland Whizzer
I don't understand your point. Over the past 10 years with dividends reinvested VTSMX has gained 140%. Over the past 20 years, 450%. It seems to make a lot of sense to me to buy and hold a low cost, widely diversified index fund for the long term in spite of its volatility.For equity investing to make any sense at all on a buy and hold basis, then "new highs" need to happen all the time, not just once every 5 or 10 years.
Garland Whizzer
Re: 5-year high news
Call me when we hit 16,500... then I will be more excited.
70% Global Stocks / 30% Bonds
Re: 5-year high news
In the same boat, but I need more bonds. If the equity rally is irrationally real (I don't even know what that means ), then we'll probably see a real move out of bonds, which so far hasn't taken place - time will tell. I know it's of little consequence long term to try and time a bond% drop, but I love a sale.Calm Man wrote:I hate this. I still have a bunch of cash to invest and although I have no sense of being able to market time, my next purchase is due on April 1, and at these levels I have to hold my nose or hold off a bit. This thing has gone straight up without so much as a 5% correction.
"The stock market is a giant distraction from the business of investing." - Jack Bogle