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TMFAleph1 (96.39)

What the Experts Aren't Telling You About 2009

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January 06, 2009 – Comments (1) | RELATED TICKERS: GE , INTC , XOM

An article published yesterday on Bloomberg.com contains a table summarizing the predictions of Wall Street strategists for the performance of the S&P 500 in 2009. They’re a pretty optimistic bunch, predicting an average increase of 17% this year (with a range between negative 3.2% and positive 44%!). Surely that’s great news for stock investors. [more]

1 Comments – Post Your Own

#1) On January 06, 2009 at 7:11 PM, jgseattle (33.92) wrote:

I purchased my house in 2003.  At the time I thought the  housing market was in for a drop.  (I thought it would be caused by raising interest rates forcing people out of the market.)

My wife and I talked about it and decided that we wanted someplace our own to live and that we could live in the house for the nest 15 years happily if the prices go down.

I bring this up because housing historically has apprecated about 3-4% and the stock market historically has risen about 8 -9% annually.

I think sometimes people forget that averages smooth out the deep ups and downs.  So I hope we have an up year but long term I think if you look for much return outside the averages you have to be exceptional at something and add value somehow outside of the normal.

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