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

Discuss all general (i.e. non-personal) investing questions and issues, investing news, and theory.
Locked
Topic Author
X528
Posts: 85
Joined: Fri Nov 30, 2018 8:51 am

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
Posts: 155
Joined: Thu Jan 29, 2015 2:08 pm
Location: Houston, TX
Contact:

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
Posts: 772
Joined: Thu Mar 01, 2018 12:49 pm
Location: In the desert

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
Posts: 67
Joined: Sun Oct 02, 2016 1:27 am
Location: Sunnyvale, CA

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
Posts: 4560
Joined: Mon May 18, 2009 5:57 pm

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
Posts: 9213
Joined: Wed Feb 01, 2017 8:39 pm

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!

User avatar
White Coat Investor
Posts: 14497
Joined: Fri Mar 02, 2007 9:11 pm
Location: Greatest Snow On Earth

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

User avatar
greg24
Posts: 3843
Joined: Tue Feb 20, 2007 10:34 am

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
Posts: 555
Joined: Wed Dec 18, 2019 9:17 pm

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
Posts: 3548
Joined: Sun Dec 29, 2013 8:06 pm

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.

Vanguard Fan 1367
Posts: 1334
Joined: Wed Feb 08, 2017 3:09 pm

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.

Trader Joe
Posts: 1566
Joined: Fri Apr 25, 2014 6:38 pm

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
Posts: 5979
Joined: Wed Jul 26, 2017 12:46 pm

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
Posts: 360
Joined: Fri Dec 05, 2014 12:39 pm

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
Posts: 298
Joined: Tue Jan 28, 2020 9:45 pm

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
Posts: 606
Joined: Sun Jan 14, 2018 3:55 pm

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?

flaccidsteele
Posts: 356
Joined: Sun Jul 28, 2019 9:42 pm
Location: Canada

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

User avatar
Kenkat
Posts: 5926
Joined: Thu Mar 01, 2007 11:18 am
Location: Cincinnati, OH

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
Posts: 1040
Joined: Sun Oct 18, 2015 12:18 pm

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.

User avatar
Cheez-It Guy
Posts: 707
Joined: Sun Mar 03, 2019 4:20 pm

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.

User avatar
mrspock
Posts: 826
Joined: Tue Feb 13, 2018 2:49 am
Location: Vulcan

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?

User avatar
RootSki
Posts: 452
Joined: Mon Feb 20, 2017 11:52 am

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
Posts: 392
Joined: Sat Sep 06, 2014 6:35 pm
Location: Upstate NY

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
Posts: 1040
Joined: Sun Oct 18, 2015 12:18 pm

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?

User avatar
mrspock
Posts: 826
Joined: Tue Feb 13, 2018 2:49 am
Location: Vulcan

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

User avatar
SevenBridgesRoad
Posts: 640
Joined: Sat Jul 07, 2018 12:14 am
Location: Within Pacific Ring of Fire

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 | "Not using an alarm is one of the great glories of my life." Robert Greene

rascott
Posts: 1754
Joined: Wed Apr 15, 2015 10:53 am

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.

User avatar
LadyGeek
Site Admin
Posts: 60975
Joined: Sat Dec 20, 2008 5:34 pm
Location: Philadelphia
Contact:

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

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

This thread has run its course and is locked (not actionable). See: Non-actionable (Trolling) Topics
If readers can't do anything with the content of a topic other than argue about it, it does not belong here. Examples include:
  • US or world economic, political, tax, health care and climate policies
  • conspiracy theories of any type
  • discussions of the crimes, shortcomings or stupidity of other people, whether they be political figures, celebrities, CEOs, Fed chairmen, subprime mortgage borrowers, lottery winners, federal "bailout" recipients, poor people, rich people, etc. Of course, you are welcome to talk about the stupid financial things you have done.
Wiki To some, the glass is half full. To others, the glass is half empty. To an engineer, it's twice the size it needs to be.

Locked