Re: PP thread at Bogleheads
Posted: Thu Feb 13, 2014 2:16 pm
And me.Pointedstick wrote:
You and me both. I suspect that this is a LOT more common than often admitted.
Gyroscopic Investing
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PP thread at Bogleheads
https://www.gyroscopicinvesting.com/forum/viewtopic.php?t=5577
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Re: PP thread at Bogleheads
Posted: Sun Feb 16, 2014 2:51 pm
In that event, I should add that I attended my high school prom wearing a Medium Tux.MediumTex wrote: I love you guys.
I feel really blessed to have a group of people who care about me enough to riff on my nickname.
Hello? Is this thing on?
(cue cricket sound effect)
Re: PP thread at Bogleheads
Posted: Sun Feb 16, 2014 9:08 pm
Just remember Median Tex is neither average nor mean.
Re: PP thread at Bogleheads
Posted: Sun Feb 16, 2014 10:02 pm
One thing that would take a lot of excitement out of Americans' guts when rallies occurred is if the market, like the bond market, earnings rates were quoted instead of prices.
If every news station would state, "the historical 1-year earnings yield on the s&p 500 dropped from 5.1% to 5%, today," imagine the collective shrug... And maybe even a little disappointed at how little they might be yielding going forward.
If every news station would state, "the historical 1-year earnings yield on the s&p 500 dropped from 5.1% to 5%, today," imagine the collective shrug... And maybe even a little disappointed at how little they might be yielding going forward.
Re: PP thread at Bogleheads
Posted: Tue Feb 18, 2014 7:17 am
Agree totally! and even worse there are all these brilliant headlines: "Record Highs for the Dow!!!!"
It sounds great until you realize all that means is that the stock market has finally made you some money. Maybe people need to hear that their savings account is at a "record high" each month because of the little bit of interest that piled up.
It sounds great until you realize all that means is that the stock market has finally made you some money. Maybe people need to hear that their savings account is at a "record high" each month because of the little bit of interest that piled up.
Re: PP thread at Bogleheads
Posted: Tue Feb 18, 2014 7:38 am
Stocks and other investments are the one product people prefer to buy when the price is high and sell when they go on sale.moda0306 wrote: One thing that would take a lot of excitement out of Americans' guts when rallies occurred is if the market, like the bond market, earnings rates were quoted instead of prices.
If every news station would state, "the historical 1-year earnings yield on the s&p 500 dropped from 5.1% to 5%, today," imagine the collective shrug... And maybe even a little disappointed at how little they might be yielding going forward.
I've got some friends in the business. they say whenever stocks go on a real hot streak their clients will all call up and want to buy in....late.
If someone looked at it like you suggest....waiting to buy when earnings yields go up......they would do a lot better.