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state of the US stock market?

move now from cash to equity position?

         

rcjordan

4:52 pm on Jun 18, 2003 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



New tax laws favoring capital gains (max tax down to 15% on ltcg). My gut feeling is that it's time to throw a chunk-o'-cash into mutual funds. Anybody think otherwise?

Shane

5:55 pm on Jun 18, 2003 (gmt 0)

10+ Year Member




Although I am not in the states, yes (not intended as advice). I bought in at 7800 though :)

Now is a bit late for the short-term play IMHO, but then, I don't know what is going to happen next.

..... S

gopi

7:41 pm on Jun 18, 2003 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



I think its a very bad time to getin , if you bought some index fund in march it would have been great.

IMHO the market is overly optimisitic now ... I expect some meltdown soon maybe around sep/oct

choster

8:03 pm on Jun 18, 2003 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



If I had an opinion worth expressing about the market, I'd be rich already and not spending time here :).

skibum

1:37 am on Jun 20, 2003 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



I tend to think we're on a bit of a bounce but have been dollar cost averaging for the most part since prior to the dot-com boom. Thought it was a good time to hop in last March, I think it was, when most of NASDAQ was down tremendously and got creamed as it simply fell through the floor even after that.

If its long term, now is as good a time as any.

gopi

4:26 am on Jun 20, 2003 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



If you are going to invest a large lumpsum money in S&P 500 or any other index fund ( rather than investing little money every month ) consider Exchange Traded Funds ( ETF's ) instead of a typical index mutual fund... This are typically stocks that track something ( like an S&P 500 or Nasdaq 100) . The main advantage is low overhead cost than an index mutual fund and more flexibility like a stock

[fool.com...] ( hope this is ok )