Daily Archives: July 31, 2017


July Stock Purchase – IMB, BT, HIK Power of Small Amounts 4

The stock market continued its unrelenting advance in July led by continued strong performance in tech and commodity focussed stocks. According to market observers, we are now over eight years into what has been the second longest bull market in modern history. Absent yield producing alternatives, enthusiasm for stocks remains extraordinarily high, and as a result valuations are elevated, and bargains around the world are very hard to come by. If I was an index fund investor, I would be very worried at this stage of the bull due to the reasons mentioned above. I would even seriously consider taking some money off the table by reducing my stock market […]