2021 Stock Market

10 years is a long time horizon. The market will crash and recover 2 times before you retire.
Good point. The "market" might be overheated, but the economy is not. There is still a lot of pent up demand. The automobile market has sat idle waiting on chips. Capital equipment markets are experiencing backlogs reaching 4x to 8x longer than typical due to material shortages. So we might see a pullback in some stock, but it should be short-lived simply due to how strong the actual economy will be.
 
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I dropped Disney + after Falcon and the Winter Soldier. I'll pick it back up once The Book of Boba Fett comes out. WAY MORE interested in Jon Favreau's Star Wars projects than another Marvel movie or show. Plus, I can watch them during the week waiting for a new episode.

If Andor or Season 3 of Mando aren't clsoing following Boba Fett, I'll drop. I'm sure I can't be the only one who feels this way
 
I dropped Disney + after Falcon and the Winter Soldier. I'll pick it back up once The Book of Boba Fett comes out. WAY MORE interested in Jon Favreau's Star Wars projects than another Marvel movie or show. Plus, I can watch them during the week waiting for a new episode.

If Andor or Season 3 of Mando aren't clsoing following Boba Fett, I'll drop. I'm sure I can't be the only one who feels this way

I bet Disney+ is the first big streaming platform to lock people in to contracts.
 
I do think we're entering the electric car market faster than people have predicted. With that said, it's hard for me to think Rivian is more valuable than Ford and Chevy.
 
I do think we're entering the electric car market faster than people have predicted. With that said, it's hard for me to think Rivian is more valuable than Ford and Chevy.
Probably depends on how you're valuing something. Future cash flows of rivian may be depending on what Ford or Chevy have planned for the future.
 
2023 is a pretty short period. It may make sense if you're buying and holding for 30 years.

I can't imagine what the next 30 years will bring for these types of companies. The top auto companies from 1990 have done terrible financially overall in the last 30 years. If you consider them tech companies, in 1990 the top tech companies were IBM, Xerox, and HP. I have a strong feeling that the people buying Tesla and Rivian are not intending on buying/hold until 2051.
 
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Probably depends on how you're valuing something. Future cash flows of rivian may be depending on what Ford or Chevy have planned for the future.

I have family in Bloomington/Normal and have been by the Rivian plant many times. It had been a Mitsubishi plant before. The total area is massive. It will be interesting to see how this plays out.
 
I have family in Bloomington/Normal and have been by the Rivian plant many times. It had been a Mitsubishi plant before. The total area is massive. It will be interesting to see how this plays out.
Yep I know that plant well been driving past it every other year for my whole life for Christmas.
 
I have family in Bloomington/Normal and have been by the Rivian plant many times. It had been a Mitsubishi plant before. The total area is massive. It will be interesting to see how this plays out.
I think that's where they use to make the Mitsubishi Eclipse, Plymouth Laser, and Eagle Talon in the early 90's?

I haven't seen an Eagle Talon in like 20 years. I remember loving those cars when they first came out.
 
I think that's where they use to make the Mitsubishi Eclipse, Plymouth Laser, and Eagle Talon in the early 90's?

I haven't seen an Eagle Talon in like 20 years. I remember loving those cars when they first came out.
The general feeling was Mitsubishi would close that plant as soon as their tax breaks ran out, and that's what happened.
 
This market makes me so nervous. I'd like to retire in 10 years. Over the last 3 years my retirement savings has went up 25%, 18%, and 17% so far this year. If I could be promised 4%+inflation over the next 10 years, I'd take it in a heartbeat. Everything is overvalued but there is no where else to put the money. I think I'm just going to move the majority out of the S&P 500 and put it in a 2030 fund.

I know a guy who micromanaged his account to the point were he actually shifted a bunch of stocks to fixed rate bonds when the market was down ... every time the market was down. If he would have just left it alone, which is what I urged him to do, he would have made his money back and then more when the market heated up again. He always failed to catch the uptick in time and reinvest in his stocks when they started to rise. instead, he wound up catching the back end of the uptick. Meanwhile, his bond investments earned him crappy returns.
 

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