Comments on: Net Worth Review for February 2007 & Market Commentary http://www.1stMillionAt33.com/2007/03/net-worth-review-for-february-2007/ A site to share my tips, tools, and humble thoughts on the journey to wealth Sun, 02 Oct 2011 19:26:45 +0000 hourly 1 http://wordpress.org/?v=abc By: ML http://www.1stMillionAt33.com/2007/03/net-worth-review-for-february-2007/comment-page-1/#comment-2555 ML Sun, 11 Mar 2007 16:52:26 +0000 http://www.1stMillionAt33.com/2007/03/net-worth-review-for-february-2007/#comment-2555 Fin_indie, Frugal is only liquidating his non-core positions. FWIW, I'm doing the same. Valuation is not as expensive as 2000 but it's not cheap by any measure. If you read my latest post, the economy seems to be making an intermediate turn. So profit growth is expected to stall and valuation will be reassessed. Global growth is the reason that I'm not a doom-and-gloomer. But I expect the market to sell emerging markets when it picks up the wind of housing spilling over to the larger US economy. If you do expect a lowering of rates, as I do, then the safer bet is in treasuries and PM. Contrary to popular belief, if you take out the knee jerk responses, the stock market falls with rates since the Fed usually lags the market. In addition, it takes at least 6 months for rate cuts to work through the economy. Fin_indie,

Frugal is only liquidating his non-core positions. FWIW, I’m doing the same. Valuation is not as expensive as 2000 but it’s not cheap by any measure. If you read my latest post, the economy seems to be making an intermediate turn. So profit growth is expected to stall and valuation will be reassessed.

Global growth is the reason that I’m not a doom-and-gloomer. But I expect the market to sell emerging markets when it picks up the wind of housing spilling over to the larger US economy.

If you do expect a lowering of rates, as I do, then the safer bet is in treasuries and PM. Contrary to popular belief, if you take out the knee jerk responses, the stock market falls with rates since the Fed usually lags the market. In addition, it takes at least 6 months for rate cuts to work through the economy.

]]> By: fin_indie http://www.1stMillionAt33.com/2007/03/net-worth-review-for-february-2007/comment-page-1/#comment-2545 fin_indie Thu, 08 Mar 2007 16:06:25 +0000 http://www.1stMillionAt33.com/2007/03/net-worth-review-for-february-2007/#comment-2545 Wow. We couldn't have more polarized opinions on where the market is going. I expect this is a short term blip (4-6 weeks), especially if old Ben comes up with a rate cut in May, which I think he will do. Despite an overall/general slowing of the economy, liquidating entirely seems pretty risky given valuations and global growth prospects. When you say " Wow. We couldn’t have more polarized opinions on where the market is going. I expect this is a short term blip (4-6 weeks), especially if old Ben comes up with a rate cut in May, which I think he will do. Despite an overall/general slowing of the economy, liquidating entirely seems pretty risky given valuations and global growth prospects. When you say “

]]> By: Frugal http://www.1stMillionAt33.com/2007/03/net-worth-review-for-february-2007/comment-page-1/#comment-2544 Frugal Wed, 07 Mar 2007 20:59:59 +0000 http://www.1stMillionAt33.com/2007/03/net-worth-review-for-february-2007/#comment-2544 I'm pretty much done for liquidation after today. The holdings in the general stock market in my portfolio are now less than 0.2% of my total net worth. I’m pretty much done for liquidation after today. The holdings in the general stock market in my portfolio are now less than 0.2% of my total net worth.

]]> By: MillionDollarJourney.com http://www.1stMillionAt33.com/2007/03/net-worth-review-for-february-2007/comment-page-1/#comment-2543 MillionDollarJourney.com Wed, 07 Mar 2007 12:44:53 +0000 http://www.1stMillionAt33.com/2007/03/net-worth-review-for-february-2007/#comment-2543 If you are going to liquidate, it seems to be a general consensus that you should do it this week as we are in an "oversold" bounce. Pros fully expect that the markets still have some down side to them. FT If you are going to liquidate, it seems to be a general consensus that you should do it this week as we are in an “oversold” bounce. Pros fully expect that the markets still have some down side to them.

FT

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