Yep kind of insane. I want to put money back in but can't find anything worth buying at these prices. Would love to see a correction.

 

Over the long run, for most people, time in the market is more valuable than timing the market.

My accounts that I had 100% invested in the markets (various indexes), already recovered their losses, and are actually profitable above the market highs hit in February. My more actively managed accounts have recovered quite a bit but have under-performed my passive accounts where I did nothing... (I should follow my own advice... haha)

 

Yes, I made the same mistake my friend. Now I want to see a correction so I can go all-in and stop looking at it for a decade.

 

What a year.

If you stayed invested in the S&P 500 all year, your return was just over 15%. If you missed the five best days, your return was negative 20%.

 

definitely should have just gone balls deep when the VIX spiked over 80... Still had a really good year though.

Good job on you calling it. Lesson learned for me. Doesn't matter what economic state 90% of the population is in - stock market is detached from that...

 

Unemployment lags, stocks lead. Worse than that, the more public an entity is that tries to get a snapshot, the more it shifts (Heisenberg-esque?).

My wealth manager is looking at the macroeconomics, and we're in the back end of a Bull Market. Keep watching for optimism getting turned into drunken euphoria. When things start getting too optimistic is when either we get a whimper or a wallop into a Bear Market.

 

Wow, I was clairvoyant.

 

Truly amazing.

What's your prediction now 3-5 years out?