When are valuations too high. It seems everyone they interview on wallstreet never seem to admit valuations are to high or that stocks are fully priced. I wish I can pull up weeks and months and years of footage and articles going back to the last 2 collapses on wallstreet. I can guarantee you that 99% of analysts being interviewed in 2006 2007 and 2008 never once said stocks are fully priced....not once was anyone expecting a 40-50% drop in equities. But it happened...
And up we go....... Up nearly 2000 points in 4 weeks. Volatility is now down nearing historical lows. A few more days like this and the vix will be nearing lows it has never seen before.
One of my friends just so happened to land a job in 2009 for a well known company. He never had investments didn't even know what stocks were or how to invest, never even bought a single stock.... the company he worked for in 2009 started his retirement plan. Well it just so happened he got in at the very bottom of this market rally and has literally never seen a down quarter...well maybe one or two but its been straight up since 2009 for his investments...what im trying to point out is that many people who started new job positions with retirement accounts who never had them before like 3 of my friends in the last 5 years have never known what its like to experience a downward trending market. Not only that but think of someone starting out a new position today with markets at historical highs. What if the top is in 2015 and the markets have 3-4 years of zero gains. That's got to hurt for someone new into the market and for those who got in at 2009 just by pure luck of starting a job with a nice 401k package. ....
Millennials not going near this market...I don't think they comprehend what free risk money is all about ....its free you fools...free $$$$$$$ Markets only go up. They need to teach this in school..don't go work just buy equities and kick back....let the free money pile up... http://www.cnbc.com/id/102137209
Zero risk as markets are going to close another day at historical highs....I wonder when you book profits so when the next .23% dip takes place you have money to get back in....I mean a dip of .05% to .25% has to happen. Were talking a 1/4 of 1% not 25% or 5% that would never happen....remember markets only go up.