re: Would you enter the market now?

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Boomers need millenials to put money in so they can cash out

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Pfffttt! Millennials don't have any money. They're too busy squatting in their parents spare bedroom playing video games while they wait for their parents to die so they can inherit their folks' money...

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Short version: If you had no current positions, would you readily buy into stocks and funds today?

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Depends on the time horizon

No one can tell you what the stock market will do tomorrow but you can make a decent prediction that it’ll be higher in 10 years and even higher 15 years etc.

So it’s all relative

The more time you have, the more it makes sense to get into the market.
If you’re nervous about it, buy in stages.

I guess it depends. I think it was worth going in on bank stocks that dropped like BAC.

the stock market functions like a Ponzi scheme. It goes up because more money gets invested into it. A company selling more widgets doesn’t make their stock price go up until people buy the stock

I don’t think we’re gonna change each others opinions I’m not sure if you want to keep arguing

I’m just gonna say that everyone in first world nations are already facing a sliding standard of living due to globalization and I believe the stock market will reflect that eventually.

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Y’all make jokes about millenials

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I wasn't joking...

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the stock market Ponzi

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So you believe that every business should be valued at the same amount regardless of profits and cash flows?

And that a business which is experiencing increasing profits and positive net cash flows year after year should not be increasing in value?

Carried to the extreme, that means you believe a kid's lemonade stand must have the same market value as Apple Computer.

You just made Hussss look like Stephen Hawking...

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So you believe that every business should be valued at the same amount regardless of profits and cash flows? And that a business which is experiencing increasing profits and positive net cash flows year after year should not be increasing in value?

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A business does good and on a micro level people tell their buddies to invest in it, therefore the price goes up. Stretch that out to a macro level and we have the stock market


The stock price doesn’t go up because the company is doing good, the price goes up because the demand for their stock increases

They can also lower their stock price by issuing shares

I’ll be here all week!

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the stock market functions like a Ponzi scheme.

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I don't think you know what a Ponzi scheme is.

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It goes up because more money gets invested into it.

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No. It goes up because corporate earnings exist.

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A company selling more widgets doesn’t make their stock price go up until people buy the stock

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This statement just doesn't make any actual sense.

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I don’t think we’re gonna change each others opinions I’m not sure if you want to keep arguing

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I would like to have a shot at changing what you believe the facts to be - and not so much your "opinion".

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I’m just gonna say that everyone in first world nations are already facing a sliding standard of living due to globalization and I believe the stock market will reflect that eventually.

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I think stocks are too high right now, yes (18-20X, depending on what/how you look at it). 15Xish is more "fair value". And when there are big bear markets, we often overshoot that way to the downside.

I could see the market settling into a long-term equilibrium where the average multiple is lower than 15, but not sure what you are saying. Unless earnings simply go away (hard to do with 9 billion people wanting to trade goods and services with each other daily), then there simply will be a stock market that trades based on that fact. And if you buy it, you will receive whatever the implied dividend yield is. And if those earnings grow, then - even if the multiple stays the same - those stocks will "go up".

I'm just not clear what you think might happen other than what I've stated. Stocks become literally worthless? Help me out here.

The very easiest way for the average joe to participate in the earnings engine of the world that they are a part of is public stocks. (Ironically, I have very little public stocks in my portfolio, but I'm not the average joe.)

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No telling if those younger generations will age and change their tune, but there is a lot of disillusionment with the market brewing among those under 30.

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Where is the disillusionment supposedly coming from? Those under 30 just came of age and lived through one of the craziest bull markets in decades.

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Where is the disillusionment supposedly coming from? Those under 30 just came of age and lived through one of the craziest bull markets in decades.

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That we largely couldn’t do anything with because we were broke and now we’re dealing with the worst market in history. Basically a bull trap leading to a rug pull

The 30 year olds perception of the market is GameStop which shows how rigged it is. Most of them didn’t have an ancient Tiger to love and pick for them. Also none of them have any money or career prospects. It really do be bleak out here

We need a millennial Luther king jr

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Where is the disillusionment supposedly coming from?

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I’m the last person on earth without an ebt card. I’m driving to work in the rain and it’s still dark. The stock market is dead and a savings account pays better. I’ll never be able to get married because every chick weighs more than me and has a septum piercing. Do I need to go on or are you getting it?