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To: N. Theknow
yep, I've been saying that the S&P has been undervalued for awhile. Now I really think that it's undervalued.

Index investing isn't "sexy" enough for some people. But, it just works.

162 posted on 03/05/2009 10:39:49 AM PST by wbill
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To: wbill
yep, I've been saying that the S&P has been undervalued for awhile. Now I really think that it's undervalued. Index investing isn't "sexy" enough for some people. But, it just works.

Rightly or wrongly that's me. I'm more or less 100% in the Spiders and have resisted the urge to cash out. It's been hurting going down but that dividend yield sure looks nice at the moment. I'm not however putting new money into the market other than reinvesting dividends.

181 posted on 03/05/2009 12:14:06 PM PST by Glock19C
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To: wbill

People with S&P index funds have not fared well this past year. Other than that historically eventually things turn around, what are you basing your sunny optimism on? Japan’s been down for more than 15 years...


187 posted on 03/05/2009 1:41:28 PM PST by GOPJ (People who can't use the new WH phone system are trying to redesign half the US economy - Brooks)
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To: wbill
I've been saying that the S&P has been undervalued for awhile. Now I really think that it's undervalued.

As long as our government has strong marxist tendencies (and it does with the current regime), "undervalued" means little.

189 posted on 03/05/2009 1:46:37 PM PST by meyer (Obama is to the USA as Mugabe is to Zimbabwe.)
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