I have now progressed to a good big gain so far today. My RED stocks right now....COST and HD. LIVING THE....market.... DREAM.
A nice little article....some good data on a good chunk of the 24 million households in the USA that are millionaires. For the lower class millionaires.....much of their wealth is not liquid. It is tied up in their home and/or in retirement acccounts. SO....they really have little access to that money. In addition of course with a house...most people have a mortgage.....so simply having a home worth over a million does not mean you have a net worth of a million or more. The good news....having a million tied up in a house and/or retirement accounts helps to make that....long term money. House Rich Millionaires https://awealthofcommonsense.com/2025/10/house-rich-millionaires/
I like this little article. It answers all the....BUBBLE TALK....that has been forced on us lately. As for me....I see all the recent articles as simply media.....BS. Talk about herd behavior. The article goes through....point by point....on bubbles and comes to the conclusion that there are "some"....bubble signs....BUT...the little we see is NOT overwhelming or determinative......it is simply what is usually seen in the later stages of a nice BULL MARKET. AND....for me....I dont even see it as a late stage bull market. At this point I can see this BULL MARKET lasting for another 2-3 years. The GOLDEN ERA for investors and stocks....that I have mentioned a few time in here. RealTime Bubble Checklist https://ritholtz.com/2025/10/realtime-bubble-checklist/
My number one market indicator......the LORI INDICATOR. If LORI over there in England is doing well.....so are the markets.....and most long term investors. What is your latest report Lori? Have you made any moves lately? Still feeling good about the markets and your investing for the future security of your family?
Speaking of other places. Made me think to check in on the international index vs SP 500. I have referred to it a few times this year since international was leading. Well, it appears that lead has grown. The international index at just under +28% YTD vs SP 500 (+15% )YTD. Still just soundly beating it like a drum. Interesting to see for this year.
Looks like we are off to a good start in our own neck of the woods today. As mentioned, it is the short term, so whether it holds or builds can depend on anything....such as the wind changing direction.
LOL...I found it sort of an interesting read. My favorite is how it also points out "not being able to ever predict" this type of stuff....but then basically offer a prediction. I think this type of "predictive" behavior is such a waste of energy. At least from a long term investing standpoint. You really have two options....stay in or get out. Of course, that invites other decisions and timing. Most will be wrong on some of those decisions....if not all. We never hear about those it seems.
