Index Buying is History

[fabijo]

Now isn't this a lovely thought for us TSP folks?

Stock Picker: Index Buying is History
http://www.cnbc.com/id/27911102

The market landscape has changed dramatically, according to Barber Financial Group's Dean Barber.

"Not that you can't be a long-term investor, but I don't think our markets are going to give us that nice little upward trend that we saw for so many years," he told CNBC. "You have to be more tactical."

He's not convinced by recent market gains.

"We could see this bounce continue for a little bit, but I don't think it's anything sustainable," he said. "I think we'll see it quite a bit lower."

Recommendations:

He believes it's time to become more selective.

"The health-care sector will continue to perform well, the energy sector will continue to perform well, but just the blanket of saying, 'Let's just go out and own the S&P 500 index,' that's going to be difficult," he said.

 

[Silverbird]

Sigh, if this is so, I'm going to be working for the next few decades. :suspicious: The sectors I'd want to invest in I work on.

 

[Birchtree]

I own the Birchtree 325 and this week may be my first ever $100K week. Buy and hold is no where close to being terminal - it will undoubtedly become even stronger during the next cycle.