US Stock Markets Continue To Reach Record Highs- Thanks Obama!

[GandD 5,966]

For real though, am I the only one that wants interest rates to go up?

[Teddy B 17,252]

For real though, am I the only one that wants interest rates to go up?

Why do you want interest rates to go up?

[JohnR! 5,495]

I'm sure that's part of Obama's plan to destroy America...

You know, that plan the motley crew talked about so much back in 2009 2010 2011 2012 2013 2014 2015

Since Obama took office in 2009, the Dow has averaged a 12% increase per year!

As a comparison we can look to the 8 Bush years from 2001 t0 2008 in which the Dow averaged a -7.12% decrease per year. Yes that's a negative 7.12%.

[JohnR! 5,495]

How would everyone benefit from higher interest rates at this point?

For real though, am I the only one that wants interest rates to go up?

[GandD 5,966]

Why do you want interest rates to go up?

Well, if you have money available, the rate of return for that money is really really low. I'm not really in the business of borrowing money.

How would everyone benefit from higher interest rates at this point?

I care about myself. I don't live the debt life so I don't care about low interest. I want high interest.

[JohnR! 5,495]

High returns on money alone are bad for the economy. Production makes the economy move forward. If you want good returns and help the economy move forward, consider investing in stocks.

Well, if you have money available, the rate of return for that money is really really low. I'm not really in the business of borrowing money.

I care about myself. I don't live the debt life so I don't care about low interest. I want high interest.

[Expat1 971]

High returns on money alone are bad for the economy. Production makes the economy move forward. If you want good returns and help the economy move forward, consider investing in stocks.

Bad advice at these valuations. Just a comment.

This ratio needs to go down to about 90%

Edited November 23, 2015 by Expat1

[Expat1 971]

This needs to drop to about 20

[JohnR! 5,495]

Not really. Stocks are rarely a bad investment, provided you do your homework, and find out what you're actually investing in.

The stock market is not a short term proposal, nor is it a way to make a quick buck. You're better off hitting the tables in Vegas for that purpose.

Bad advice at these valuations. Just a comment.

This ratio needs to go down to about 90%

Edited November 23, 2015 by JohnR!

[Teddy B 17,252]

Well, if you have money available, the rate of return for that money is really really low. I'm not really in the business of borrowing money.

I care about myself. I don't live the debt life so I don't care about low interest. I want high interest.

Well, you are certainly in the minority G. I don't carry much debt myself, car loan and a mortgage is about it. I try to pay off my credit cards every month as well.

Have you thought about the real estate market and maybe flipping some houses?

[Expat1 971]

Yield on the 10-yr treasury is about 2.25%. Yield on stocks is 2-2.5%. There needs to be a spread of about 25% between the two.

Every single metric is saying that the market is overpriced by a minimum of 20-25% and every single metric is flashing an overbought warning.

[JohnR! 5,495]

Neither do we. We pay off our c/cs every month, and never finance anything unless it's interest free and we can roll it into our budget without missing a beat.

We learned our lesson with Reaganomics, and since then we've lived debt free, which made us pretty much impervious to the WH policies. The wife comes from a culture where cash is king and she refuses to finance or pay interest on anything she buys.

Well, you are certainly in the minority G. I don't carry much debt myself, car loan and a mortgage is about it. I try to pay off my credit cards every month as well.

Have you thought about the real estate market and maybe flipping some houses?

[Expat1 971]

Not really. Stocks are rarely a bad investment, provided you do your homework, and find out what you're actually investing in.

The stock market is not a short term proposal, nor is it a way to make a quick buck. You're better off hitting the tables in Vegas for that purpose.

Stocks have never been a good investment under these combinations of yield relative to 10-yr, Shiller PE, and market cap to GDP.

Ever.

It's a bad time to invest in stocks. Only reason I bought in in August is because of that dip, but that was down at around 14500 which put the market on the edge of where I will even be in it.

Edited November 23, 2015 by Expat1

[JohnR! 5,495]

It rarely is, but it's your money anyway.

It's a bad time to invest in stocks.

[Expat1 971]

For real though, am I the only one that wants interest rates to go up?

No. We need the bubble popped so that we can return to the business of normal investing.

It rarely is, but it's your money anyway.

Yes, it rarely is.

According to the metrics this is one of the (4) times in the history of the stock markets that it is not.

Oriz I believe is saying the same thing. I saw August coming in late April and got out. I am getting out again very soon. I missed no gains over the flat summer and my balance has climbed quickly over the last 3 months.

Edited November 23, 2015 by Expat1