"SPEW? I'm a clueless retail investor buddy. I look at the DOW, NASDAQ and S&P 500 for my trending" even a "clueless retail investor" (and you are describing more of a trader than an investor, but i digress) should know (or at least research before shrugging it off) that the SPEWI ***is** the S&P 500 it is the equal weighted S&P vs. the cap weighted S&P and if you aren't including it in your list of "markets' to look at, you are selling yourself and the market short... so to speak. the S&P, being cap weighted, is naturally biased towards the few big players in the index, such that a few issues in the S&P have an exceptionally disproportionate impact the SPEWI equally weights all index components and thus can give you an excellent idea of relative performance and also show you why this is a bull market that has surpassed NUMEROUS 2000 highs. and for a basic "retail investor" you should know the SPEWI has soundly trounced the cap weight S&P on a returns basis. hth
why DOES THERE ALWAYS HAVE TO BE A PLACE where money goes....why cant it go into a savings account at 4% or a CD at 5.5%, is that not good for the greeeeeeeeeeedy.... I guess with "all the money coming out of real estate and into stocks means one thing a housing collapse....
try searching for SPEWI and throw in a "equal weight" or some other such term it is your loss that you have never heard of it you can be a sheep, or you can actually look beyond what the elementary wall street claptrap tells you
"why DOES THERE ALWAYS HAVE TO BE A PLACE where money goes" because we live within the greatest wealth generation system ever devised by mankind - the american economy. and we can participate in the capital markets merely by opening a brokerage account. we can buy portions of the some of greatest and most innovative companies known to man, and get in the ground floor of tomorrows great ones. WE CAN CHOOSE who deserves our capital commodities, euro and asian markets, etc. because most people want something better for their progeny than they got for themselves (however, if u look at their savings rates, you also realize they need to work on the discipline aspect)
dont get me started with savings rates in america, Its -1.5%, what does that say about this country.....im surpised they dont do anything about this, in america we learn that spending money is a good thing. 2/3 of the GDP depends on consumer spending, if consumers were to wake up one day and start putting money away for a rainy day this economy would drop like a rock.
Hrm... I might be willing to wager a small sum that my sheepyness has led to a larger balance sheet than your intellectual trading has led you.
not on a %age basis, i can be pretty assured. i've only been actively trading one year so, the bottom line is still modest but the returns are rawkin'
Um... yes.... the housing market's been collapsing around everyone's ears for the last year... where have you been?