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SPDR S&P 500 ETF Message Board

  • techglass1 techglass1 Apr 26, 2013 2:38 PM Flag

    There is nowhere else to go with your money..that is the entire story despite

    terrible earnings reports, slowing economic data and lowered growth rates..there is no plave to get a return on your money except "to hope" the stock market continues to go up". Ther are a few good dividend paying stocks despite the fact that they are overvalued relative to their revenue and earnings growth rates..people need a return. The problem arises as people capitulate and invest in stocks at historic rates and one day realize the prices they are paying does not justify the risks. It will end ugly as it always does. Stock are overvalued despite what the pundits want yu to believe..its just that they are banking on stocks getting even more overvalued...its lunacy but the only game in town....

195.00+2.87(+1.49%)Oct 2 4:24 PMEDT