Bull market in view after S&P 500 hits fresh year-high

I stopped paying attention to the roller coaster. Anything I have that isn't fixed income (which is now earning more than 5%)is growth. I still have a lot of years before I need to take the income, so I don't mind when share prices drop. I actually do better as I realize more shares when it reinvests.

My few funds are screaming higher now, but that's basically a sham. They'll pay interest/dividends this month, but reduce share price so all I came away with is more shares for the future. At some point, I'll just dump my few funds for good.

I find it amusing when I read articles by the big names on Wall St. that predict the Fed will have to severely reduce interest rates early next year. They're just dreaming out loud, as the Fed has said no such thing.

The moment they make any noise about that, I'll switch to longer term bonds that are now earning 5%-6%.

Or CDs that pay interest semi annually. I actually have quite a bit of money in a tax free bond fund that still earns 4.5%. Because it's leveraged, it'll pay better when interest rates go back down. So I'm really not going to sweat it either way.

My first mortgage in 1984 was at 9% and I felt lucky getting that rate because the rates were in the teens a few years before that.
My dad bought our home in 1963 with a 5% mortgage and I remember him telling me I'll never see 5% interest rates in my lifetime.
The good think about that time was people were getting +10% interest on bonds and CDs. Guaranteed 10% return. That's nuts.
Now, some are whining about 5% interest rate but I think historically, they've averaged 4-6%.
It's remarkable we didn't see inflation until now with the rates so low for so long.
 
Economy is great. But now it's common knowledge that inflation is due to corporate profiteering, not Biden. Unless you believe POTUS should have the right to curb the rape of consumers?

Right now, you don't have to invest in the Market to realize decent gains.

You can be patriotic and buy short term treasuries.
 
Bull market in view after S&P 500 hits fresh year-high

https://apple.news/AZyyRMNDCSumWlI-QBA7Zyw

The bull is nearly loose.
The S&P 500's feverish late-year rally has brought the index to its highest level of 2023, leaving it just 4.2% away from the all-time peak reached in January 2022.
A close above 4,796.56 on the S&P 500 would confirm that the index has been in a bull market since bottoming out on Oct. 12, 2022, by one commonly used definition. The benchmark index is up 19.7% for the year and has risen 28.5% from its October 2022 low.


God Bless President Biden!
3/5 of the S&P are zombie companies kept buoyant by taxpayers. The markets get an endless supply of money from the fed. Obama signed it into law.
 
Interesting. Thanks.

The thing is, when a President cuts taxes and doesn't reduce spending like Trump did, the debt increases. It's like a guy maxxing out his credit card to show his girlfriend a good time so she'll like him more. And then passing that debt on to his kids.
Republicans claim they're fiscally conservative but over there last 50 years, Republiclown presidents have increased the debt more than Dems at almost a 2:1 ratio.
 
3/5 of the S&P are zombie companies kept buoyant by taxpayers. The markets get an endless supply of money from the fed. Obama signed it into law.

Congratulations. That's the dumbest thing I've ever read on this forum. And that's a very low floor, dude.
 
Congratulations. That's the dumbest thing I've ever read on this forum. And that's a very low floor, dude.
The truth hurts but the fact is Obama had Wall Street by the balls but decided to give it an endless supply of taxpayer money instead. Again, 3/5 of the S&P are zombie companies.
 
The truth hurts but the fact is Obama had Wall Street by the balls but decided to give it an endless supply of taxpayer money instead. Again, 3/5 of the S&P are zombie companies.

Saying it again doesn't makes it true. It just makes you look more foolish.
 
Economy is great. But now it's common knowledge that inflation is due to corporate profiteering, not Biden. Unless you believe POTUS should have the right to curb the rape of consumers?

Right now, you don't have to invest in the Market to realize decent gains.

You can be patriotic and buy short term treasuries.

God you are stupid.
 
Do a search and get back to me. I posted the link last year.

First, please decipher for me what you said sans the metaphors:

the fact is Obama had Wall Street by the balls but decided to give it an endless supply of taxpayer money instead. Again, 3/5 of the S&P are zombie companies.

And what do you mean by 'zombie companies'
 
First, please decipher for me what you said sans the metaphors:

the fact is Obama had Wall Street by the balls but decided to give it an endless supply of taxpayer money instead. Again, 3/5 of the S&P are zombie companies.
And what do you mean by 'zombie companies'
Look it up.
 
Joe refuses to do a search or use a dictionary. Dems are clueless about market-makers and their for-profit wars.

Stupid Hurts in this Universe.

The FantasyLand Creatures are about to find out.

They could have gotten themselves educated but they refused.







Fuck Em.
 
Stupid Hurts in this Universe.

The FantasyLand Creatures are about to find out.

They could have gotten themselves educated but they refused.







Fuck Em.
Back in the '90s, a lot of my friends were day traders, they hated life and anyone around them. I kept telling them that Greenspan and his derivatives were going to bankrupt them. It took a while but most of them lost everything.
 
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