Liz Ann Sonders of Charles Schwab share her perspective and data on why the stock market is not currently in a bubble. The most interesting point to me was the 10 year rolling average of the S&P. It shows S&P is just in the beginning phases of a long term advance.
Of course, there are still corrections and bear markets during the long term advance. But the overarching trend is still projected to be upward for another 15 years. For me, this data supports my plan of waiting for pullbacks and corrections before putting more funds back into the stock market.
For more on The Practice of Personal Finance, check back every Wednesday for a new segment.
This is not financial or investing advice. Please consult a professional advisor.
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