I like to dollar-cost average for the majority of my investment money as in a retirement plan. Using this method, a consistent amount of money is purchasing stocks at all prices. When prices drop as during corrections, I am buying more shares at low prices. There is no over-thinking the market or trying to time the market. Emotion is taken out of the equation and the method is working.
Retail Stock Investors: We Won't Get Fooled Again [View article]
kingmob,
That's a great point. The article highlights mutual fund outflows, but that doesn't necessarily mean that money is flowing out of overall equities at the same rate.
Well, we've been through it before and I'm willing to go through it again - but the fact is the market is hitting all time highs after recovering from those bear markets and will continue to do so after the next one. The key is that the market always recovers. Dollar-cost average and have an appropriate mix of stocks/bonds/cash according to your age group and you'll be fine.
Perhaps we won't get to 17k this year - maybe we'll have a deep correction soon. Regardless, 17k will come eventually - stocks have been proven to be the best asset class over the long-term. We just have to weather the tough bear markets to enjoy that reward.
The SPDR website shows a trailing PE of 15.6 for DIA which represents the Dow stocks and a trailing PE of 17 for SPY (S&P 500). The forward PE for DIA is only 13.82, thus still a bargain for the long-term.
The PE on the S&P 500 is only 14 right now. Sure, a correction is due. But for those telling people to sell everything is just ridiculous. Have a long-term view, dollar-cost average into your holdings and you'll have nothing to worry about.
Myriad Genetics: Disruptive Products For Cancer Diagnostics [View article]
The company stated in its latest 10k report that it does not believe the lawsuit will have a material impact on its business, financial position, or results of operations. Furthermore, the lawsuit only pertains to the BRCA testing for breast and ovarian cancer, not all of Myriad's diagnostics. If Myriad loses the case, the company will still be diagnosing patients for these tests, but the door will be open for more competition.
Myriad's myRisk diagnostics will be replacing the single-gene tests in 2015.
Energy And Biotechs With Recent Earnings Catalysts [View article]
CEOs and other execs typically sell company stock to keep their portfolios balanced. Large sales aren't automatically an indication of a lack of confidence.
The Obama Administration's Natural Gas Policy Is Tragically Misguided [View article]
I think you have to let the market determine whether natural gas exporting makes sense or not. If exporting is profitable for natural gas producers, then it will happen. Taxes and subsidies can be used to influence this profitability.
There is definitely potential with CHK. I think an increase in natural gas demand over time will ultimately benefit investors. More car/truck fleets using nat gas, electric being generated with nat. gas, etc. should increase demand over the long-term. http://seekingalpha.co...
Chesapeake Energy: Ironing Out The Wrinkles Could Bring A Bright Future [View article]
factzplz,
You don't think that $13 billion in debt for a $12 billion market cap company is not a lot of debt? That's like saying that the U.S. doesn't have a lot of debt. How much would you consider a lot of debt for CHK?
Phillips 66: Compelling Energy Investment [View article]
deercreekvols,
That's a great combination. I assume you owned COP before PSX was split off. By owning both, you have more diversification among the various segments of the energy sector.
Behind The Curtains At Warren Buffett's Berkshire [View article]
poor to rich,
I understand that point, but many small companies don't automatically become large ones either. You can lose a lot of money trying to pick the next winner. I agree to own some small or spec. stocks as a small portion of a portfolio to keep things interesting. However, having a tried and true market-beating position like BRK, which also has low downside risk is wise for the meat of a portfolio IMHO.
That Was The Crash, Dummy [View article]
Retail Stock Investors: We Won't Get Fooled Again [View article]
That's a great point. The article highlights mutual fund outflows, but that doesn't necessarily mean that money is flowing out of overall equities at the same rate.
Jeremy Siegel: Dow 17,000 In 2013 [View article]
Well, we've been through it before and I'm willing to go through it again - but the fact is the market is hitting all time highs after recovering from those bear markets and will continue to do so after the next one. The key is that the market always recovers. Dollar-cost average and have an appropriate mix of stocks/bonds/cash according to your age group and you'll be fine.
Perhaps we won't get to 17k this year - maybe we'll have a deep correction soon. Regardless, 17k will come eventually - stocks have been proven to be the best asset class over the long-term. We just have to weather the tough bear markets to enjoy that reward.
Jeremy Siegel: Dow 17,000 In 2013 [View article]
Jeremy Siegel: Dow 17,000 In 2013 [View article]
Jeremy Siegel: Dow 17,000 In 2013 [View article]
Myriad Genetics: Disruptive Products For Cancer Diagnostics [View article]
Myriad's myRisk diagnostics will be replacing the single-gene tests in 2015.
Energy And Biotechs With Recent Earnings Catalysts [View article]
The Obama Administration's Natural Gas Policy Is Tragically Misguided [View article]
Chesapeake Sells Granite Wash Midstream Assets To MarkWest: Quick Read [View article]
http://seekingalpha.co...
Chesapeake Energy: Ironing Out The Wrinkles Could Bring A Bright Future [View article]
You don't think that $13 billion in debt for a $12 billion market cap company is not a lot of debt? That's like saying that the U.S. doesn't have a lot of debt. How much would you consider a lot of debt for CHK?
Chesapeake Energy: Ironing Out The Wrinkles Could Bring A Bright Future [View article]
Those are great points, but remember CHK is allocating 85% of drilling completion capital to liquid plays.
Phillips 66: Compelling Energy Investment [View article]
That's a great combination. I assume you owned COP before PSX was split off. By owning both, you have more diversification among the various segments of the energy sector.
Phillips 66: Compelling Energy Investment [View article]
That's a good point - there's plenty of room for dividend growth.
Behind The Curtains At Warren Buffett's Berkshire [View article]
I understand that point, but many small companies don't automatically become large ones either. You can lose a lot of money trying to pick the next winner. I agree to own some small or spec. stocks as a small portion of a portfolio to keep things interesting. However, having a tried and true market-beating position like BRK, which also has low downside risk is wise for the meat of a portfolio IMHO.