Originally Posted by manaboutown (Post 2428928)

Don't know if it means anything. Warren Buffett’s favorite valuation indicator flashes buy signal

Shiller PE ratio closed at 34.72 on 5/1/25..

Originally Posted by goneil2024 (Post 2426285)

I tried timing the market without success. Unless your are on top of it 24/7/365 I doubt i would be able to make the call in time to catch the swing.

Originally Posted by bopat (Post 2431168)

Ok so now that I bought some low, thinking about selling some high. Then rinse and repeat.

Originally Posted by LeRoySmith (Post 2431184)

I don't think this is high yet.

I think I'll just sit tight from here on out, I'm out of cash anyhow. I feel good about this year's gain, I got all my spare cash in about about a month ago and it's looking pretty good now.

Just let it average 8 or 10 percent a year and spend the gains on good whiskey and fun cars.

Originally Posted by Rainger99 (Post 2426246)

How many people have financial advisors? The ones that take a % of your money?

The ones who they do better when you do better and they do much better when you lose money?

Are they giving you any helpful advice? If they knew what they were doing, they should have been buying the following stocks. Guy

Comments after part quote: If everyone bought the same hot stocks their prices would rise very high, higher than their real value. It is supply and demand. If everyone buys the same hot stocks their price rises. Of course, many people do that now, but could you imagine what would happen if Vanguard and Fidelity piled their billions in their portfolios into a few hot stocks? Anyway what ever happened to that big selloff this thread was talking about? I am retired now and I am happy with a conservative portfolio that grows nicely each year and even with yearly RMD’s taken out the total amount continues to grow larger each year. I remember 2008 when I stayed up nights selling all my growth funds and putting it all into the Pimco bond funds. Then two weeks later I reversed that and bought back into stocks. This went back and forth for months. I remember losing sleep and getting up at 3AM and making major changes in my portfolio. I am surprised Fidelity never stopped me. Luckily as a former economics major in college I was smart enough to finally put the money back into stock funds. I think I maybe made or lost less than 1% than if I had done nothing. I had a friend who panicked with his mothers inheritance and pulled all his money out of stocks and never bought back in. He lost 50% of his portfolio. He still will not own stocks.


1. CVS Health (CVS): Up 49.9% YTD, making it the top performer in the S&P 500.

2. H&E Equipment Services (HEES): Up 93.6% YTD.

3. IHS Holding (IHS): Up 78.7% YTD.

4. Philip Morris International (PM): Up 31.9% in Q1 2025.

Originally Posted by Stu from NYC (Post 2431196)

What about fast women?:posting:

Originally Posted by BillyGrown (Post 2431666)

Boeing stock has almost doubled in a year. After the latest announcement it has gone up, up and away!

Originally Posted by BillyGrown (Post 2431666)

Boeing stock has almost doubled in a year. After the latest announcement it has gone up, up and away!

Originally Posted by Boomer (Post 2432084)

For those of you following this thread and especially if you know who know who Jeremy Grantham is, you might want to take a look at the most recent episode of PBS Wealthtrack and hear him interviewed by Consuelo Mack. ( You can find it at wealthtrack.com)

Grantham is now 86, coherent as ever, with decade upon decade of market experience. Grantham has been right throughout, although sometimes having been called a Cassandra.

Boomer

PS:
JFTR:
(For those who do not remember, Cassandra was the woman in Greek mythology who got tangled up with Apollo and got the gift of prophecy. In mythology once a gift was bestowed, it could not be taken back, so in the stories, the gift is turned into a curse.

Cassandra’s gift of being able to predict the future was then cursed by Apollo who made it so nobody would believe her.

In the story of the Trojan War, Cassandra’s cursed gift doomed her to go running around inside the walls of Troy shouting her warning, “Do NOT bring that wooden horse inside our gates! Beware of Greeks bearing gifts!”)

Considering the Mag 7 and AI and all that entails, maybe we should beware of geeks bearing gifts.

Originally Posted by Boomer (Post 2432084)

For those of you following this thread and especially if you know who know who Jeremy Grantham is, you might want to take a look at the most recent episode of PBS Wealthtrack and hear him interviewed by Consuelo Mack. ( You can find it at wealthtrack.com)

Grantham is now 86, coherent as ever, with decade upon decade of market experience. Grantham has been right throughout, although sometimes having been called a Cassandra.

Boomer

PS:
JFTR:
(For those who do not remember, Cassandra was the woman in Greek mythology who got tangled up with Apollo and got the gift of prophecy. In mythology once a gift was bestowed, it could not be taken back, so in the stories, the gift is turned into a curse.

Cassandra’s gift of being able to predict the future was then cursed by Apollo who made it so nobody would believe her.

In the story of the Trojan War, Cassandra’s cursed gift doomed her to go running around inside the walls of Troy shouting her warning, “Do NOT bring that wooden horse inside our gates! Beware of Greeks bearing gifts!”)

Considering the Mag 7 and AI and all that entails, maybe we should beware of geeks bearing gifts.

Originally Posted by Caymus (Post 2441717)

All time high in the S&P today. People who acted unemotional during the last few months did well.

Originally Posted by Caymus (Post 2441717)

All time high in the S&P today. People who acted unemotional during the last few months did well.

Originally Posted by Caymus (Post 2432165)

On another note, billionaire hedge fund manager Paul Tudor Jones predicted this week that AI could wipe out 50% of humanity. Hopefully this will happen AFTER I die at a normal age of natural causes:laugh:

Originally Posted by dewilson58 (Post 2441725)

:pepper2::pepper2:

Originally Posted by manaboutown (Post 2386402)

The Shiller CAPE has hit 38.18, more than double its mean (17.17) and median (16). That seems like a very scary high to me so I have for the most part moved to defensive holdings and the largest proportion of cash I have ever maintained

Shiller PE Ratio - Multpl

Originally Posted by Rainger99 (Post 2441769)

Today, the Dow is at 43,637.71.
On November 14, 2024, it closed at 43,750.86.

And the S&P 500 rose to a new high today.

Originally Posted by Caymus (Post 2441793)

The Dow isn't broad-based enough to be a meaningful indicator.

Originally Posted by manaboutown (Post 2449837)

Perhaps I should have titled this thread "How high can it go?"

The NVDA I bought on a lark mid 2022 is now priced at 10 times what I paid for it. Admittedly, it was just dumb luck as I knew little about it. A long time very successful IT stock investor friend had bought it years ago and it had kept going up so I thought oh what the heck.

Yet, I remember the dot com bust and am still keeping a stockpile of cash so I can continue to pass my sleep at night test.

Originally Posted by Janie123 (Post 2386543)

Not if you are talking about IRAs and 401k’s but yes if regular investment accounts. Another reason I use to continue to move IRAs to Roths… no RMDs moved to an investment account so I would be able to move in and out of cash with no tax penalty. Currently my investment account is my cash world… mostly CDs and somewhat protected structured notes..

Originally Posted by manaboutown (Post 2449837)

Perhaps I should have titled this thread "How high can it go?"
- - - -
- - - -
Yet, I remember the dot com bust and am still keeping a stockpile of cash so I can continue to pass my sleep at night test.

Originally Posted by Caymus (Post 2449897)

Who knows? But eventually a competitor will develop a better product.

Originally Posted by Sabella (Post 2449937)

I need to consult with an expert regarding required minimum distributions, and tax consequences and options. If anyone can recommend someone they’ve had personal experience with regarding this issue, it would be greatly appreciated. Thank you.

Originally Posted by Sabella (Post 2449937)

I need to consult with an expert regarding required minimum distributions, and tax consequences and options. If anyone can recommend someone they’ve had personal experience with regarding this issue, it would be greatly appreciated. Thank you.

Originally Posted by Sabella (Post 2449937)

I need to consult with an expert regarding required minimum distributions, and tax consequences and options. If anyone can recommend someone they’ve had personal experience with regarding this issue, it would be greatly appreciated. Thank you.

Originally Posted by CoachKandSportsguy (Post 2450103)

many here are experts having taken RMDs and paid taxes on them, in real life. So don't assume that people here can't answer the question after being experiencing the event for many years. . .

Originally Posted by Stu from NYC (Post 2450064)

Do you have these funds with a mutual fund family? If so reach out to them.

Originally Posted by kingofbeer (Post 2450252)

RMD is a tax time bomb. I don't think an expert will help you avoid this time bomb.

Originally Posted by CoachKandSportsguy (Post 2450269)

a bit histrionic and hyperbolic, don't you think?

the more successful one is, the more one has to pay taxes. . with very few exceptions. I would love to be rich enough to have to pay IRMMA penalties. . less than 1/4 there. . . . . so I worry about being able to afford living here into my 90s. . and worry about quality healthcare accessibility which will allow me to do so. .

RMD and taxes, meh. . . .