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Non-Tech : Kirk's Market Thoughts
COHR 185.60+5.7%3:22 PM EST
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To: techtrader73 who wrote (11918)9/4/2021 5:06:28 PM
From: Kirk ©1 Recommendation

Recommended By
berniel

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Most credible people now forecast the S&P 500. Some of my favorites are Dr. Ed Yardeni and Jeremy Siegel, author of "Stocks for the Long Run" that dates back many decades with I think the 2nd edition in 1998. amzn.to

Dr Ed said he has the S&P 500 reaching 5,000 by the end of 2022 if not sooner and declines are buying opportunities.

I don't recall if Jeremy Siegel gave a target on CNBC the other day but he says pretty much the same thing for TINA... there is no alternative worth owning. He predicts we'll get about a paltry (compared to recent history) 6% a year which is GDP growth plus dividends.

That GDP plus dividends is what Jack Bogle said since he created index funds for regular people some time ago.

I feel the same and look at massive bear markets as great opportunities to not only buy low with my profit taking cash BUT to ALSO convert IRA stocks to ROTH stocks, something has has worked out VERY VERY well for me.
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