Several indices are getting very cheap again lately.
Posted: October 25th, 2023, 2:41 pm
Hello, to anyone that sold in 2021 or mid-2023 and who has been waiting in cash a while.
An eternal question is 'if you sell when the market is high, when do you buy'?
If you didn't catch the dip somewhere near the lows of September/October 2022 on the basis of e.g. fundamental analysis or depth of dip, then right now is probably not a bad alternative. I've been buying today, and I've committed all reserves. I'm 100% in shares now.
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Russell 2000 - small cap USA. e.g. UK tickers: RTWP, R2SC. USA ticker: IWM.
IWM was $165 at last year's low, and again is at $165 right now in premarket.
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FTSE 250 - small cap UK. e.g. MIDD, VMID.
The FTSE250 is back at 2014 price levels currently (!)
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RSP (the equal weight SP500) is very near the level of 2022's low. I am not sure that it is great value, but it's relatively lower at least.
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The cap-weighted SP500 still seems rather expensive.
https://www.multpl.com/shiller-pe
Best wishes to all.
An eternal question is 'if you sell when the market is high, when do you buy'?
If you didn't catch the dip somewhere near the lows of September/October 2022 on the basis of e.g. fundamental analysis or depth of dip, then right now is probably not a bad alternative. I've been buying today, and I've committed all reserves. I'm 100% in shares now.
-----
Russell 2000 - small cap USA. e.g. UK tickers: RTWP, R2SC. USA ticker: IWM.
IWM was $165 at last year's low, and again is at $165 right now in premarket.
----
FTSE 250 - small cap UK. e.g. MIDD, VMID.
The FTSE250 is back at 2014 price levels currently (!)
----
RSP (the equal weight SP500) is very near the level of 2022's low. I am not sure that it is great value, but it's relatively lower at least.
----
The cap-weighted SP500 still seems rather expensive.
https://www.multpl.com/shiller-pe
Best wishes to all.