Personal Finance and Investing

progree

(11,683 posts)

10. I sat out most of the 1990s because I thought the market was overvalued

Wed Mar 28, 2018, 09:31 AM

Mar 2018

and yes, the bubble burst, twice (dotcom bust and housing bubble bust). But I missed out on a ton of upside, and I am well behind a buy-and-hold investor. I have since learned my lesson -- time in the market beats trying to time the markets. Fortunately I did keep about 25% allocation in stocks during the 1990's, and that was my only source of significant positive return.

Fortunately I hung tough in a nearly 100% equity position since the early 2000's. I hung tough during both the dot com crash and the housing bubble crash, and I'm glad I did.

Earnings drive the market. Not DU sentiment.

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Stock Market Question [View all] BlueDog22 Feb 2018 OP

It's been in a bubble for some time, elleng Feb 2018 #1

Stock market status:currently bursting. dewsgirl Feb 2018 #2

Personally, I think it's time.... lastlib Feb 2018 #3

Go to yahoo finance and look at the entire Dow chart NRaleighLiberal Feb 2018 #4

You can flip a coin depending on who you talk to... SWBTATTReg Feb 2018 #5

Markets BlueDog22 Feb 2018 #6

Keep in mind that market timing is virtually impossible. PoindexterOglethorpe Feb 2018 #7

I totally agree w/ your excellent points! SWBTATTReg Feb 2018 #8

Bull markets climb in stages bucolic_frolic Mar 2018 #9

I sat out most of the 1990s because I thought the market was overvalued progree Mar 2018 #10

Bingo. PoindexterOglethorpe Apr 2018 #11