Does it still make sense to invest in SPY longterm?

Discussion in 'Stocks' started by antares66, Nov 1, 2021.

  1. %%
    SAME here;
    mostly.
    BUT several times i have used spy + sso to catch a botttom area. i have used UPRO + SPXL for that but too much leverage to to do that much,LOL........................................................
    DAL down sector makes sense\that's what happens when an airline takes gov loans + blindly follows a socialist untested vaccine gov goof mandate. Don Bight Dyatrading exec noted hi unemploymet can be bullish, less labor costs.
    SO no, not only SPY/QQQ also QLD, some sso/even though strangely spy beats qqq, 2021, not usually..........................................................Actually NO WAY the bullmarket uptrend is anywhere near 10 years or13 years old;
    200day moving average proves my point, 3 year, 4 year chart
    200day moving average is the main[bull market measure] not fake news,good question,ant66/200
     
    Last edited: Nov 1, 2021
    #11     Nov 1, 2021
    KCalhoun likes this.
  2. deaddog

    deaddog

    SPY is a momentum trading system. You will always own the 500 biggest companies in the US. If you believe that the US economy will continue to grow, buy SPY.
     
    #12     Nov 1, 2021
    tomorton, Axon and murray t turtle like this.
  3. %%
    I AGREE;
    partly. Say SPY closes @459.000 whic is what it is last i looked /75 minutes to close. FOR sure i'm in SSO, SPXL, UPRO+ sso, qld. IF it goes down more i may do a spxs or spxu trade........................................................................
    Most millionaires are made in market = buy every month for 40years\ or market making.
    Some do it with REALTY or small business or big business like buy SPY\QQQ
     
    #13     Nov 1, 2021
  4. ph1l

    ph1l

    The S&P 500 does not exactly contain stocks of the 500 largest public U.S. companies.
    https://www.investopedia.com/terms/s/sp500.asp
     
    #14     Nov 1, 2021
    murray t turtle likes this.
  5. deaddog

    deaddog

    OK. Not exactly but close enough. Your point is???
    If it's that I'm wrong, well that happens all the time. :)
     
    #15     Nov 1, 2021
    murray t turtle likes this.
  6. %%
    OK;
    but close enough/505+/.
    I never got in spxs or sxu/SPY,SSO, SPXL,UPRO going up to much.
    ANT66/200 did you get in today some?? Stock Traders Almanac was right/buy monday.
    Sorry the buyers left you behind/ i did not know what today was going to close, so i bought spxl,sso, qld....................................
    50,000 @ year, that $12k per /3 months, or almost 10 months gone so could do$40K NOV, $4k NOV 30, $4k DEC, sorry i just did your 48 ,000 this year/no market math is perferct, but have 2, 000 cash @ DEC 31,left in example. Again you are wrong about length of bull market; its measured by price aboVe 200 day moving average , not fake news. Good question ant66/200. Only way not to lose much money is do bank cds only=lousy return though.................................. 2000 bear started in FEB or MAR, wrong again on your fears. YOU are partly right\ never invest a years worth\ say 50k in one month or50k years worth in a day day, scale in like funds or position traders do:caution::caution:
    [Partial QUOTE="antares66, post: 5481983, member: 23648"]....... we come from a 12-13 years lasting bullmarket. ??........[some] people aren't invested because of risk fears. Does it make sense to invest in SPY right now or should you wait for a setback because the market is on all time high?
    The worst thing what could happen is to invest on all time high to watch the market crashing down some months later like during the dotcom crash 2000-2003. Ok you could hedge your position with put options but i don“t exactly know how to manage this when intending to invest $ 50,000 in SPY (example)[/QUOTE]
     
    #16     Nov 1, 2021
  7. Nobert

    Nobert

    #17     Nov 1, 2021
    murray t turtle likes this.
  8. This is my biggest worry with SPY:
    https://www.investors.com/etfs-and-...major-stocks-threaten-unsuspecting-investors/
    (not all those stocks are in the sp500)

    It's not that bad yet, but there is a ton of passive investment into the SP 500. The index is primarily based on size, not long-term solvency or reasonable valuation.

    It would be nice if there was an SP500, less zombies, high valuations and shady price to book fund, that was still priced like an index fund. Maybe I need to look into something like RPV or similar.
     
    #18     Nov 2, 2021
  9. #19     Nov 3, 2021
    Nobert likes this.
  10. %%
    SOME move in + buy SPY every month for 40 years/millionires ;
    yes i did repeat that/good repeating 4thy quarter pattern.......:D:D NOT a prediction + not insured by any federal agency.
     
    #20     Nov 4, 2021