I've probably got this whole stock contrarian thing down wrong. But I don't see the issue as there being more bulls than bears, but that everyone DOUBTS the wisdom of such a thing. As long as there is always someone pointing this out, as long as there are articles doubting, I think we're still in the contrarian phase.
After I wrote the above, I found the following on Huffington Post.
STOCKS SURGE -- AND MAIN STREET REALLY DOESN'T BELIEVE THIS RALLY.
"After being key players in bull runs of the past, small-time investors have not only stopped buying, they're selling. The question for the new year: If the man on the street doesn't jump back in, will stocks continue to defy gravity?
**********
This: Anyone notice the Kohl's job seekers were being offered; "part-time cashiers, merchandise stockers, sales associates, customer service representatives, truck unloaders and others." ?
"....part-time"
"...part-time" everything?
**********
Advice on windfalls. Did my research, and everyone advised waiting 6 months before making any decisions.
Well, guess what? You CAN'T do anything for six months, even if you wanted to. It takes months and months of back and forth to get it all ironed out, and this was for a 'trust' situation, instead of 'probate.' We sold Lois's house in a Weekend (well, it took a couple of months to prepare for the big opening day...) but the paperwork is going to take a month, minimum.
Just saying....
Good thing, though. There was a roller-coaster of emotion and thinking and questioning at first, but that's all settled down now. Ultimately, not much change. Just a sort of security in the background we didn't have before.
After I wrote the above, I found the following on Huffington Post.
STOCKS SURGE -- AND MAIN STREET REALLY DOESN'T BELIEVE THIS RALLY.
"After being key players in bull runs of the past, small-time investors have not only stopped buying, they're selling. The question for the new year: If the man on the street doesn't jump back in, will stocks continue to defy gravity?
So far, the market's comeback is almost entirely due to buying by professional investors at hedge funds, pension funds, banks and other institutions.
"We've never seen this before – such a huge rally, and the little guy is out,"**********
This: Anyone notice the Kohl's job seekers were being offered; "part-time cashiers, merchandise stockers, sales associates, customer service representatives, truck unloaders and others." ?
"....part-time"
"...part-time" everything?
**********
Advice on windfalls. Did my research, and everyone advised waiting 6 months before making any decisions.
Well, guess what? You CAN'T do anything for six months, even if you wanted to. It takes months and months of back and forth to get it all ironed out, and this was for a 'trust' situation, instead of 'probate.' We sold Lois's house in a Weekend (well, it took a couple of months to prepare for the big opening day...) but the paperwork is going to take a month, minimum.
Just saying....
Good thing, though. There was a roller-coaster of emotion and thinking and questioning at first, but that's all settled down now. Ultimately, not much change. Just a sort of security in the background we didn't have before.