General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTime to get back into the stock market
Don't know how off topic this is, but I guess it falls under "current events" (?)
I think 2012 is going to be a banner year. Not only is Obama going to get reelected, he'll probably win because the economy is going to turn around big time. The signs have been building up over the last 3 years, since the market hit bottom in March of 2009. Unemployment is going down, manufacturing is showing signs of improvement, and the housing market has been stabilizing. I think a boom is about to happen.
I bought a few things back in April and May of 2009 and have made a killing thanks to the turnaround. But that's nothing compared to where I see things going. I think this year is the start of a multi year rally similar to the tech boom of the 90's. While Europe is worrisome, I think the ECB will get a handle on things. I think Germany will, after all is said and done, bail out Greece and Spain and Italy. They can't afford to have the entire Euro zone collapse. They simply won't let it happen.
My top picks are in oil, uranium, and energy in general, as China and India and South America are growing and are going to need it. I also like telecommunications for the same reason. Also bank stocks should do well in a booming economy. But generally, I think people need to start putting their money back into stocks instead of hoarding cash.
The good thing about all this is that the Democrats will get to take the credit for it. Just like Clinton presided under peace and prosperity, so will Obama.
Or maybe I'm being too optimistic?
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zipplewrath
(16,646 posts)I agree there are alot of "good" numbers out there. But a serious failure in europe could suck the life out of any recovery, at least for the better part of 2012.
limpyhobbler
(8,244 posts)The time to get in was around March 2009.
Buying low, and all that.
I see the markets remaining stagnant over 2012.
Unless they don't.
Marrah_G
(28,581 posts)But I do wish you good luck on your investments 
vi5
(13,305 posts)None of the basic, fundamental, structural, economic, and societal flaws that caused us to get in this situation in the first place are going to be fixed. Taxes are not going to be raised on the wealthy. Unions, while still showing some signs of life, are still lacking strong, powerful, and unequivical voices in our government and nobody who is in government is in any rush to regulate anything. Despite whatever steps forward the healthcare bill brought about, those costs are still prohibitively expensive for a lot of people.
Demand is not going to turn around until employment turns around and we're nowhere even close to that happening. The best we've gotten at any point over even the past couple of months is "not as bad as it has been". And most of that is from glossed over, trumped up numbers and requiring everyone to squint really hard to see the actual good news.
Whoever's fault it is for all of this stuff not getting fixed can be debated elsewhere, but the fact is that the things that needed to be fixed have not been. And until it does nothing is going up any time soon.
surfdog
(624 posts)If the issue is the stock market , then I disagree.
The DOW has nearly DOUBLED with Obama in office.
CatholicEdHead
(9,740 posts)The Stock Market has not been based on anything realistic since at least 2007. We have so much funny money and financial games which have not been cleaned up normal business measurements do not apply. The Stock Market is not based on anything remotely realistic.
Check out the DU Stock Market Thread (in Economy) for more.
banned from Kos
(4,017 posts)S&P 500 about 1250
S&P 500 earnings $103
The multiple hit 20 in 1999 (very expensive).
Dollar is gaining strength, inflation is nearly dead, and interest rates are low.
Only Europe could hold things down.
A HERETIC I AM
(24,367 posts)Check out the DU Stock Market Thread (in Economy) for more."
And I imagine you got that incredible pearl of wisdom from the SMW thread.
The SMW thread is good for one thing - it's members collect articles. Nicely done.
The problem is they try and interpret them. Poorly done.
It's a coffee klatch. Not to be taken seriously. Certainly not by anyone truly interested in investing, anyway.
Speck Tater
(10,618 posts)doesn't mean the unemployed and homeless will see any benefit come from the rich hoovering up more cash and removing it from circulation.
Even if Wall Street does great (which I seriously doubt) the investor class is the only class to benefit from that. So for those who don't have to work for a living and have figured out how to get money for nothing out of the Wall Street Casino, then might indeed have a good year.
Nye Bevan
(25,406 posts)We're not just talking about the 1% here.
Speck Tater
(10,618 posts)Plus, the vast majority of the stock is owned by the 1%. The 54% own a LITTLE BIT of stock, usually indirectly through some kind of pension, whose management siphons off their own share in the process.
The game is rigged by and for the 1%, so the 54% mostly just gets taken to the cleaners.
SOS
(7,048 posts)Top 10% own 81.2% of all stocks and mutual funds.
Bottom 90% own 18.8% of stock and mutual funds.
So while 54% may own stocks, the bottom 90% own little or nothing.
http://www2.ucsc.edu/whorulesamerica/power/wealth.html
taught_me_patience
(5,477 posts)I've been adding really beaten down stocks recently... BAC, RIMM, NOK.
A HERETIC I AM
(24,367 posts)or they're toast (or at least I think so)
Heard a story that the corporate clients who used the Blackberry and were their bread and butter are leaving them for IPhones and other smart phones in droves.
RIMM needs something really dramatic - like the Blackberry was when it first came out - and they need it in a hurry.
dmallind
(10,437 posts)Somewhere in the 5-7% range. Of course when you factor in dividends and the fact that savings/CDs/bonds are likely to remain very low indeed, that's pretty good. My retirement funds are broaly diversified of course but my personal investment monwey is staying in high dividend blue chips and preferred stocks. Miss huge gains of course (although the GE I bought in Dec is 22% up in about 6 weeks), but low risk and better "interest" than I can get at the bank by far.
The time to dive in big of course was in the 7k and 8k panics.
hobbit709
(41,694 posts)Or even the $8600 left in my retirement account.
spanone
(135,828 posts)Nye Bevan
(25,406 posts)Early 2009 was very painful. But I'm very glad I stuck it out.
Kept buying throughout.
JNelson6563
(28,151 posts)It is already starting to look that way, with news that manufacturing jobs are coming back. Saw earlier that Chrysler is adding 1,100 manufacturing jobs in Detroit so at least some of these manufacturing jobs are going where the people are hurting the most.
Julie
Warren DeMontague
(80,708 posts)You just made yourself extremely unpopular with the "WUR DOOOOMED" crowd.
FWIW, I am guardedly optimistic, but long term I think we have real problems unless we rebuild a strong vibrant middle class in this country that is based upon something other than over-hyped cyclical booms & bubbles.
raouldukelives
(5,178 posts)Wouldn't want to miss out on all those juicy nickels made off the backs of exploited third world labor in environmentally destructive plants.
I sleep good knowing that my money is silently voting to keep maximizing profits while increasing pollution and misery the world over.
SidDithers
(44,228 posts)Sid
