Author Topic: So, who's buying?  (Read 347 times)

littleman

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So, who's buying?
« on: February 09, 2018, 06:04:00 PM »
Or going to start soon?

Travoli

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Re: So, who's buying?
« Reply #1 on: February 09, 2018, 07:25:25 PM »
Stocks or crypto?

Mackin USA

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Re: So, who's buying?
« Reply #2 on: February 09, 2018, 08:14:36 PM »
#DEBT
Mr. Mackin
MikeMackin@affiliatemanager.com

littleman

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Re: So, who's buying?
« Reply #3 on: February 09, 2018, 08:35:13 PM »
I was thinking stocks.  We were sitting at about 50% cash, now we're looking at doing some buying.  Looking at some REITs & BDCs mostly.

rcjordan

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Re: So, who's buying?
« Reply #4 on: February 09, 2018, 09:10:37 PM »
>stocks

FWIW, feed headlines seem to say we're not at the bottom yet.

littleman

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Re: So, who's buying?
« Reply #5 on: February 09, 2018, 09:17:16 PM »
> bottom

Yeah, probably not yet.

Travoli

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Re: So, who's buying?
« Reply #6 on: February 09, 2018, 11:20:04 PM »
I like this page, which seems to be regularly updated.  https://www.advisorperspectives.com/dshort/updates/2018/02/02/is-the-stock-market-cheap

P/E10 Ratio = 33.5 (historic average is 16.8). Currently in 97th percentile. Currently sitting at a high deviation from the mean.

“Be fearful when others are greedy and greedy when others are fearful.” - Warren Buffett

Summary: Based on valuations, I'm fearful. It'll probably go higher. You should be greedy.

rcjordan

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Re: So, who's buying?
« Reply #7 on: February 09, 2018, 11:24:13 PM »
>P/E10 Ratio = 33.5 (historic average is 16 )

I was just looking at some of the high-flyer P/E ratios earlier this week.  Holy crap! Back a couple of decades ago, I got fearful at 14.

rcjordan

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Re: So, who's buying?
« Reply #8 on: February 12, 2018, 05:41:52 PM »
Don't be fooled by the 'stocks are cheap now' argument. They're not

https://www.cnbc.com/2018/02/12/dont-be-fooled-by-the-stocks-are-cheap-now-argument-theyre-not.html