Is anyone sad that the stock market is going up?

[FUEGO]

Young Dreamers,

Is there anyone that is unhappy the stock market is making its recovery so quickly?

I was personally hoping for another few years of zero or negative returns before things really started to heat up. My goal was to squirrel away more investment contributions while stock prices were low.

I guess the positive is that as the economy recovers job prospects and salaries should get better. The thought being that I can get a bigger raise or better job that will allow more investment contributions, albeit at higher investment prices.

Sure would be nice to get a bunch more investments at March 2009 prices...

I guess there are others out there that may be unhappy the market is recovering so much because they went to mostly or all cash sometime in the last 4 years thinking the end is coming and it is only going to get worse.

 

[HatePayingTaxes]

I'm pretty bummed. Even though I'm 90% equity/10% bond allocation on most of my portfolio, I was hoping for low return or even double dip.

Another reason is because traffic's been lighter. If the economy gets back to 4% unemployment, traffic's really going to suck again.

I was thinking about increase in job prospect like you but I prefer benefits of sucky economy compared to job prospect.

One hope is that gas price go up to $6+ and tank the economy but that's unlikely...

 

[FIREd]

There will be other buying opportunities, I'm sure.

 

[FUEGO]

There will be other buying opportunities, I'm sure.

What concerns me is that I am investing each month as the paychecks come rolling in. Five years from now I would be much wealthier if I was dollar cost averaging into a market that stayed low or declined for 4 years then recovered to, say, DOW 14000 than if the market were to jump to 14000 this year and then stay there for the next 5 years.

I am sure there will be more buying opportunities, maybe even in the next 5 years!

 

[ronocnikral]

i will have to admit that a little bump upwards in the market was welcome.

I guess if I could have my ways I would always be buying on sale, and then flick my wand right before I retire to get the market to where I need. I'd probably lay on another indolent flick as well to get an extra bump for some cushion.

but steady, consistent growth is probably better for the whole.

 

[Hamlet]

Look at a stock chart of the 80's and 90's. The DOW went from 1000 to 10000. The people buying at 2000 did fine.

What concerns me is that I am investing each month as the paychecks come rolling in. Five years from now I would be much wealthier if I was dollar cost averaging into a market that stayed low or declined for 4 years then recovered to, say, DOW 14000 than if the market were to jump to 14000 this year and then stay there for the next 5 years.

I am sure there will be more buying opportunities, maybe even in the next 5 years!

 

[Gatordoc50]

Young Dreamers,

Is there anyone that is unhappy the stock market is making its recovery so quickly?

I was personally hoping for another few years of zero or negative returns before things really started to heat up. My goal was to squirrel away more investment contributions while stock prices were low.

I guess the positive is that as the economy recovers job prospects and salaries should get better. The thought being that I can get a bigger raise or better job that will allow more investment contributions, albeit at higher investment prices.

Sure would be nice to get a bunch more investments at March 2009 prices...

I guess there are others out there that may be unhappy the market is recovering so much because they went to mostly or all cash sometime in the last 4 years thinking the end is coming and it is only going to get worse.

Our economy is based on the premise that only a few people can do well. So when you start hearing about how everyone is making money in the market, it's time to bail. This is a Fed driven rally just as was the real estate " boom".

 

[Meadbh]

I've probably bought all the equities I plan to buy, many of them on dips, and I am glad to see signs of improvement in the US economy.

 

[marko]

1) Buy low, sell high
2) Buy high, sell higher

Other than that, sit tight. Patience is a virtue (and a money maker)

 

[clifp]

I've probably bought all the equities I plan to buy, many of them on dips, and I am glad to see signs of improvement in the US economy.

I am definitely happy to see "green sprouts", I hear it has been a mild winter for the mainland folks.

I am somewhat indifferent to the stock market to going up, but delighted to see an rapid increase in dividend payments. Now if can just get interest rates up a bit I think it will help everybody's retirement. Although admittedly it sucks for those young dreamer buying real estate with leverage.

 

[tmm99]

It's an election year. I'm sure it will go down after the election is over.

 

[ziggy29]

It's an election year.

Didn't help 2008 very much...

 

[ls99]

What goes up, must come down. Oh the pain of it all.

 

[FocusedInfinity]

I'll admit that back in 2008, before there was enough data to confirm what was going on, I was looking at my portfolio, combined with my income and safe job, and thought "Damn, what I need is a good recession!".

Now that we're hopefully coming out of it, I don't think I'll miss it. Although my portfolio is up strong, I just feel less secure. Between everyone raising taxes and fees, "low inflation", impacts to friends/family, and the rollercoaster from hell (100% equities going in and coming out), I'm ready for a steady period of growth.

 

[easysurfer]

I am cautiously estatic about the market going up

 

[W2R]

I am cautiously estatic about the market going up

I am un-cautiously ecstatic about it.

But then you knew that!

 

[M Paquette]

What goes up, must come down. Oh the pain of it all.

Yeah. Anyone that's been following the Elliott Wave theoreticians knows that we now face an ABC Grand Supercycle down leg, at the culmination of which we will retest the market lows of 1789.

I've adjusted my withdrawal rates as appropriate. ;-)

 

[tmm99]

Didn't help 2008 very much...

I should have said re-election year...

 

[obgyn65]

I have been expecting a double dip too.

....I was hoping for low return or even double dip.

 

[brewer12345]

Stock market aside, I am thrilled that the economy finally seems to be showing signs of recovery. I will take what I can out of the trend, but much more important is some lessening of the large human toll that the crash caused.

 

[rescueme]

In my accumulation years, I was happy to see the market go up, yet understood the idea of "buying cheap".

Now (in retirement), I'm glad that any year shows a positive return and I'm able to "harvest my gains".

The OP asks a question (from a young person's POV) that I understand.

However, let them advance to retirement age (whatever that is) and ask the same question. I would bet that the desired result would be 100% opposite of the stated opinion.

We all get to share the same challanges in life - assuming we live long enough ...

 

[Amethyst]

What Brewer said, plus...

I just did my first re-balancing act, ever, inside my TSP account. The re-balancing was trivial - lowered Stocks by 10%, raised G Fund by same proportion - but it's a milestone for me. It is what I told myself I would do if the Dow went above 13000, regardless of what might happen next.



Amethyst

 

[ziggy29]

Stock market aside, I am thrilled that the economy finally seems to be showing signs of recovery. I will take what I can out of the trend, but much more important is some lessening of the large human toll that the crash caused.

I"m glad we had some recovery from the lows to at least restore a little confidence into the financial markets. And I'm at the point in my life (46) where I expect to get as much (if not more) annual portfolio gain from average appreciation than from new contributions, so I'm probably not as enthusiastic about a long period of depressed stock prices as a 20-something or 30-something might (and perhaps *should*) be.

Having said that, it wouldn't have bothered me if the rebound from the March 2009 lows wasn't as sharp as it was. Wouldn't have minded buying equities at those prices for a couple more years. But in reality I'm perfectly fine with with the market coming back enough to recover most of my losses -- and heck, it's still lower than 1999 prices...

 

[NW-Bound]

Sad that the market is going up? Nope, not this semi-geezer who may just stop working any day now. As others have said, how can it be bad if the economic conditions improve, not just here in the US but also worldwide?

The younger folks get better paying jobs, which then enable them to save and to accumulate equities, which then allows this old man to [-]unload[/-] pass on these wonderful stocks. They may even get to do the work that I enjoy now. Don't you like a plan when everybody wins?

Of course it can all get derailed with a few "Wh***" outbursts, but hope springs eternal.

 

[tkopel]

Yeah, I was kicking myself when I did not have any money to invest in 2008! I just have to believe in the slow and steady method of investing.