Post #165 by mechinv on the Macroeconomic Trends and Risks board

Personal Finance Topics / Macroeconomic Trends and Risks

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luxmain asked in August
If you're long the market right now, I have to ask - where's the upside?

Where the upside was is obvious now - it was in the market. The market is up about 6% in the 4 months since this post was written. That's why I was long the market back then, why I'm still long now, and have been for decades.

Of course, quoting a 4-month return is meaningless, and I'm not trying to pick on you. Investors' time frames should be measured in periods of at least 3 years, preferably 5 or 10 years. My point is that trying to time the market based on some sort of valuation argument is futile.

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