Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Roger's 1997 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Cynic 2005 who wrote (7161)	11/18/1997 7:32:00 PM
From: Allan F	Respond to of 9285

Mohan, Thanks for your input. I was expecting my question to be disposed of as nothing more than reliance on the greater fool theory. I have been hesitant to put much of my 401(k) allocation into a stock fund because I feel the market is so overvalued. A few friends have said I am being too conservative that as long as the baby boomer inflows keep up there is no where else for the fund managers to put the money. The figures in your post certainly shed a different light on the subject. BTW, can you site any references for those? One last thing, I believe the argument that "the stock market has been overvalued using any historical measure" has been true for a few years, thus one may have missed one heck of a run sitting on the sidelines. How would you respond to that? In any case, unless something convinces me otherwise(like a real market correction, not a one day blip), I will keep most of my 401(k) money in bonds. (Actually I think 401(k)'s are a rip-off promoted by a condesending government, but that discussion shall be saved for another day:^) -Allan