Comments on: Kiplinger’s magazine is bullish http://www.1stMillionAt33.com/2008/05/kiplingers-magazine-is-bullish/ 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: Barrell Rider http://www.1stMillionAt33.com/2008/05/kiplingers-magazine-is-bullish/comment-page-1/#comment-4195 Barrell Rider Wed, 14 May 2008 03:32:15 +0000 http://www.1stMillionAt33.com/2008/05/kiplingers-magazine-is-bullish/#comment-4195 Financials are down, P/E ratios are down, cash reserves are large, unemployment is low, interest rates are low. I think there are plenty of good buys out there right now. Mid to Long term I am bullish. Large Cap Growth and Value stocks look like a good buy. I do think Real Estate and Mortgage lending is still shakey and I do believe precious metals are dangerous to get into right now. The automobile industry is shakey as well, the big 3 are at a major crossroads now. Many of the Large Cap US growth companies generate worldwide sales revenue, so they are not solely dependent on a slowing US economy. Financials are down, P/E ratios are down, cash reserves are large, unemployment is low, interest rates are low. I think there are plenty of good buys out there right now. Mid to Long term I am bullish. Large Cap Growth and Value stocks look like a good buy. I do think Real Estate and Mortgage lending is still shakey and I do believe precious metals are dangerous to get into right now. The automobile industry is shakey as well, the big 3 are at a major crossroads now. Many of the Large Cap US growth companies generate worldwide sales revenue, so they are not solely dependent on a slowing US economy.

]]> By: Kirk http://www.1stMillionAt33.com/2008/05/kiplingers-magazine-is-bullish/comment-page-1/#comment-4194 Kirk Wed, 14 May 2008 01:44:11 +0000 http://www.1stMillionAt33.com/2008/05/kiplingers-magazine-is-bullish/#comment-4194 I love how the pros and CNBC crew always say it is time to buy when the average Joes are nervous. However, with everyone on Wall Street claiming the worst is over, I fear we are heading for another drop. The S&P believes 3rd quarter earnings will be 15% above last years and the 4th quarter's earnings up 100% from last year. I don't know how it will happen with a strapped consumer and inflating prices. Plus, the subprime mess isn't over yet. I think your muddle through prediction will probably come to fruition. I love how the pros and CNBC crew always say it is time to buy when the average Joes are nervous. However, with everyone on Wall Street claiming the worst is over, I fear we are heading for another drop.

The S&P believes 3rd quarter earnings will be 15% above last years and the 4th quarter’s earnings up 100% from last year. I don’t know how it will happen with a strapped consumer and inflating prices. Plus, the subprime mess isn’t over yet.

I think your muddle through prediction will probably come to fruition.

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