[dotti105]

Up $29.++ today!!! nice to see!!

[dewilson58]

Originally Posted by dotti105

Up $29.++ today!!! nice to see!!

What are the 50 extra stocks????

[Celebrator]

VTI (Vangard Totol Stock Market) has been good to me. Almost tripled in 3 years. Buy and hold if you think the economy will improve in the long run. Individual stock too risky for me.

[eremite06]

Watch the Fed.

[gustavo]

Originally Posted by Celebrator

VTI (Vangard Totol Stock Market) has been good to me. Almost tripled in 3 years. Buy and hold if you think the economy will improve in the long run. Individual stock too risky for me.

Did you first buy it in 2010? What was/is the return for the last six years?

[rjm1cc]

Originally Posted by dotti105

Up $29.++ today!!! nice to see!!

The problem is knowing when to sell.

[eremite06]

I sold 2 mos. ago.

[gustavo]

Originally Posted by eremite06

I sold 2 mos. ago.

You missed a 24.4% annualized return for those last two months, hope the alternative investment worked out for you.

[eremite06]

Have my reasons and can't time it. See a bubble coming.

[ivanhoe]

You all should get on the waiting list for a talk with Ben Stein!

[gustavo]

Originally Posted by eremite06

Have my reasons and can't time it. See a bubble coming.

Understand, but in my opinion, it's not a bubble if every/anyone says it is. Bubbles are always identified after the fact. So the more people saying bubble the less likely it will come to fruition.

[donb9006]

Originally Posted by gustavo

Understand, but in my opinion, it's not a bubble if every/anyone says it is. Bubbles are always identified after the fact. So the more people saying bubble the less likely it will come to fruition.

Really? Things rising parabolically isn't a bubble?

The Fed printing is what's keeping it all going. Low interest rates from their bond buying. Free money at the discount window. Buying bad mortgages from the banks. They're trying to borrow their way out of a long ongoing depression. Without welfare, Section 8, SNAP food cards, the homeless would be everywhere and there would be soup lines a mile long. Almost 50 million people are on food assistance, millions more in government housing.

It's a bubble...still growing...it's tulip mania. Until the first "whale" runs for the door...

[gustavo]

Originally Posted by donb9006

Really? Things rising parabolically isn't a bubble?

The Fed printing is what's keeping it all going. Low interest rates from their bond buying. Free money at the discount window. Buying bad mortgages from the banks. They're trying to borrow their way out of a long ongoing depression. Without welfare, Section 8, SNAP food cards, the homeless would be everywhere and there would be soup lines a mile long. Almost 50 million people are on food assistance, millions more in government housing.

It's a bubble...still growing...it's tulip mania. Until the first "whale" runs for the door...

Show me what is rising parabolically, over the past 1, 3 or 5 years??? S&P, Bonds, Commodities, Real Estate? I don't think so. And don't show me a chart of some single stock with a linear Y-axis scaling.

Like I said, I understand if ermite06 wanted to sell, and if you want to believe there is a bubble, so be it, but there really isn't, just sayin.

[glgene]

Originally Posted by dotti105

Up $29.++ today!!! nice to see!!

Dotti,
I assume you mean the S&P 500 (not 550). That said, do you mean SPY (an ETF) or another S&P 500 vehicle? Please identify the symbol you're referring to (SPY or ?).

Gene

[gustavo]

Originally Posted by glgene

Dotti,
I assume you mean the S&P 500 (not 550). That said, do you mean SPY (an ETF) or another S&P 500 vehicle? Please identify the symbol you're referring to (SPY or ?).

Gene

Gene,

What does it matter, she meant S&P 500 up $29 that day. Any S&P or broad based large cap stock vehicle, ETF or mutual fund, regardless of what specific symbol also went up by that same percentage change.