Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Any News Makes Markets Go Higher
Old 11-07-2017, 05:31 PM   #1
Dryer sheet aficionado
 
Join Date: Nov 2017
Location: Atlanta Suburb
Posts: 36
Any News Makes Markets Go Higher

Does it bother any of you that of late any news (good/bad/no news) is making the markets go higher?

It is bothering me a lot - I mean a LOT!

I am very hesitant to add any new money to the market at this time.

Please share your thoughts and feelings.
__________________

__________________
pn3069 is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 11-07-2017, 05:36 PM   #2
Full time employment: Posting here.
MuirWannabe's Avatar
 
Join Date: Oct 2009
Posts: 667
My thoughts? I’m glad the market is going up. It doesn’t bother me one bit. Enjoy the ride.
__________________

__________________
“Of all the paths you take in life, make sure a few of them are dirt.” John Muir
MuirWannabe is offline   Reply With Quote
Old 11-07-2017, 05:45 PM   #3
Thinks s/he gets paid by the post
RobbieB's Avatar
 
Join Date: Mar 2016
Location: Central CA
Posts: 2,399
I am never bothered by markets going up, I celebrate!
__________________
Retired at 59 in 2014. Should have done it sooner but I worried too much.
RobbieB is online now   Reply With Quote
Old 11-07-2017, 06:13 PM   #4
Recycles dryer sheets
flintnational's Avatar
 
Join Date: Mar 2008
Location: Atlanta Suburb
Posts: 290
"Bothered" the market is going up would imply I am concerned it is going to correct (It will). To act on that thought would mean I was a DMT. I prefer to wait till it corrects and then worry.

FN
__________________
"Oh, twice as much ain't twice as good
And can't sustain like one half could
It's wanting more that's gonna send me to my knees" - John Mayer
flintnational is offline   Reply With Quote
Old 11-07-2017, 06:36 PM   #5
Full time employment: Posting here.
UnrealizedPotential's Avatar
 
Join Date: May 2014
Posts: 559
It shouldn't bother anyone as long as they have an AA in line with their risk tolerance. If not, well... not good
__________________
Understanding both the power of compound interest and the difficulty of getting it is the heart and soul of understanding a lot of things. Charlie Munger
UnrealizedPotential is online now   Reply With Quote
Old 11-07-2017, 07:05 PM   #6
Dryer sheet aficionado
 
Join Date: Nov 2017
Location: Atlanta Suburb
Posts: 36
Quote:
Originally Posted by UnrealizedPotential View Post
It shouldn't bother anyone as long as they have an AA in line with their risk tolerance. If not, well... not good
So valuations don't matter? the fact that good or bad news makes markets go up doesn't matter?
__________________
pn3069 is offline   Reply With Quote
Old 11-07-2017, 07:12 PM   #7
Full time employment: Posting here.
UnrealizedPotential's Avatar
 
Join Date: May 2014
Posts: 559
Quote:
Originally Posted by pn3069 View Post
So valuations don't matter? the fact that good or bad news makes markets go up doesn't matter?
I think the first thing you need to ask yourself is what can I afford to lose with having money in the stock market. If you can't afford to lose anything or are too afraid because you think that valuations are too high then you don't have to risk anything.

Either way it's your choice. My choice is to choose an asset allocation I can live with whether the stock market goes up or down and lets me sleep at night. The stock market is unpredictable. Nobody knows what it will do from day to day, let alone in any given year.
__________________
Understanding both the power of compound interest and the difficulty of getting it is the heart and soul of understanding a lot of things. Charlie Munger
UnrealizedPotential is online now   Reply With Quote
Old 11-07-2017, 07:19 PM   #8
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
audreyh1's Avatar
 
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 16,192
Yeah, I don't like it.
__________________
Well, I thought I was retired. But it seems that now I'm working as a travel agent instead!
audreyh1 is offline   Reply With Quote
Old 11-07-2017, 07:21 PM   #9
Administrator
Gumby's Avatar
 
Join Date: Apr 2006
Posts: 10,101
Quote:
Originally Posted by audreyh1 View Post
Yeah, I don't like it.
Me too. I'd much rather see the market go down every day.
__________________
Living an analog life in the Digital Age.
Gumby is offline   Reply With Quote
Old 11-07-2017, 07:23 PM   #10
Thinks s/he gets paid by the post
 
Join Date: Aug 2004
Location: Laurel, MD
Posts: 2,930
Quote:
Originally Posted by UnrealizedPotential View Post
It shouldn't bother anyone as long as they have an AA in line with their risk tolerance. If not, well... not good


I agree with this. It does concern me that markets seem to react positively in anticipation of events that never actually occur. When the markets recognize that the event will not happen the negative response is muted. It's as if the market rationalizes that since it has been going up economic and geopolitical events must not be all that important after all. A self energizing phenomena if you will. As it approaches the point of bothering me I will adjust AA accordingly.
__________________
...with no reasonable expectation for ER, I'm just here auditing the AP class.Retired 8/1/15.
jazz4cash is offline   Reply With Quote
Old 11-07-2017, 07:26 PM   #11
Thinks s/he gets paid by the post
 
Join Date: Feb 2007
Posts: 1,884
I have a nominal 50/50. Currently 53.5/46.5. I tell you, the minute it hits 55/45 I'm out of Dodge! (back to 50/50). Until then alas... nap time continues...
__________________
ejman is online now   Reply With Quote
Old 11-07-2017, 07:32 PM   #12
Full time employment: Posting here.
gcgang's Avatar
 
Join Date: Sep 2012
Posts: 914
What's the old saying, the news doesn't make the market, the market makes the news.
__________________
In theory, there's no difference between theory and practice. In practice, there is. YB
gcgang is offline   Reply With Quote
Old 11-07-2017, 07:34 PM   #13
Recycles dryer sheets
flintnational's Avatar
 
Join Date: Mar 2008
Location: Atlanta Suburb
Posts: 290
Quote:
Originally Posted by Gumby View Post
Me too. I'd much rather see the market go down every day.
You mean it can go down? Why didn't someone tell me.

FN
__________________
"Oh, twice as much ain't twice as good
And can't sustain like one half could
It's wanting more that's gonna send me to my knees" - John Mayer
flintnational is offline   Reply With Quote
Old 11-07-2017, 07:46 PM   #14
Recycles dryer sheets
 
Join Date: May 2011
Posts: 268
Quote:
Originally Posted by flintnational View Post
You mean it can go down? Why didn't someone tell me.

FN
Are you a UGA grad?
__________________
sanfanciscotreat is offline   Reply With Quote
Old 11-07-2017, 07:52 PM   #15
Recycles dryer sheets
 
Join Date: Jan 2014
Location: Austin
Posts: 491
I was just reading an interesting article that explains why markets could continue to go higher for many more years:

How A Perfect Storm Can Send Markets Higher
__________________
ER'd 6/1/2014 @ age 53. AA=70/30, WR=3%
Looking4Ward is offline   Reply With Quote
Old 11-07-2017, 07:54 PM   #16
Dryer sheet aficionado
 
Join Date: Nov 2017
Location: Atlanta Suburb
Posts: 36
I appreciate the playfulness of some of the posters.. and their witty comments.

My question is not about AA. My question revolves around market being agnostic to any news and keep chugging higher and higher... that just seems abnormal to me.
__________________
pn3069 is offline   Reply With Quote
Old 11-07-2017, 07:59 PM   #17
Recycles dryer sheets
flintnational's Avatar
 
Join Date: Mar 2008
Location: Atlanta Suburb
Posts: 290
Quote:
Originally Posted by sanfanciscotreat View Post
Are you a UGA grad?
Barely. I went back when they were just glad to get the tuition. I spent most of my time at the fraternity house and watching Herschel win the Heisman. Go Dawgs.

FN
__________________
"Oh, twice as much ain't twice as good
And can't sustain like one half could
It's wanting more that's gonna send me to my knees" - John Mayer
flintnational is offline   Reply With Quote
Old 11-07-2017, 08:08 PM   #18
Thinks s/he gets paid by the post
 
Join Date: Feb 2007
Posts: 1,884
Quote:
Originally Posted by pn3069 View Post
I appreciate the playfulness of some of the posters.. and their witty comments.

My question is not about AA. My question revolves around market being agnostic to any news and keep chugging higher and higher... that just seems abnormal to me.
Why just stand there when one could panic!!!! Seriously, near as I can tell "the market" seems to think that a combination of much looser regulation and much lower taxes will result in much higher profits in the future, hence the market keeps going up. Until there is some really convincing evidence that the rug will be pulled under those two factors - what me worry?
__________________
ejman is online now   Reply With Quote
Old 11-07-2017, 08:08 PM   #19
Thinks s/he gets paid by the post
Souschef's Avatar
 
Join Date: Dec 2015
Location: Santa Paula
Posts: 1,124
I am concerned that there will be a correction at some time. That will make my RMD less.
It looks like next year's RMD will be in the 5 figure range
__________________
Retired Jan 2009 Have not looked back.
AA 95%/0/5
WR 2% SI 2SS & 2 Pensions
Souschef is online now   Reply With Quote
Old 11-07-2017, 08:12 PM   #20
Thinks s/he gets paid by the post
 
Join Date: Mar 2011
Posts: 3,672
Quote:
Originally Posted by pn3069 View Post
I appreciate the playfulness of some of the posters.. and their witty comments.

My question is not about AA. My question revolves around market being agnostic to any news and keep chugging higher and higher... that just seems abnormal to me.
It might depend upon what news the market (or you) is listening to.

IMO, the only places left where there is truth is the market and sports statistics. If the news you listen to is slanted in one direction or another, one could come away with more/less gloom than the market is registering.

I'm a firm believer in the the idea that the market--not necessarily day to day, but long term--"knows" what is really going on, despite the headlines. There's a sort of collective "Wisdom of the Crowd" that takes place.

As ejman noted, the idea of looser regulation and tax reform seems to be more meaningful to the market than some of the other headlines.
__________________

__________________
Living well is the best revenge!
Retired @ 52 in 2005
marko is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
More Worried About Markets Now Than Any Time Since 2009 CaliforniaMan Stock Picking and Market Strategy 118 03-04-2016 08:22 AM
Any experts in Environmental Science? Info needed regarding higher education. noelm Other topics 8 10-02-2012 11:43 AM
Bad news, bad news, good news.... ziggy29 Health and Early Retirement 17 04-04-2011 10:26 AM
Anyone have any predictions for 2010 markets? Orchidflower FIRE and Money 44 01-03-2010 11:14 AM
News from the bond markets wildcat FIRE and Money 12 06-20-2005 06:31 PM

 

 
All times are GMT -6. The time now is 04:14 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.