Thread: 2005 - The Year in Review

Hmmm 2005 post thoughts....

Last of the great run.....Stocks played out, oil ended it, and the American is left with a larger tax burden.....and less income to take home due to no inflation according to the Feds.....yeah right.....great until the Piper comes for the payment.....

I'm afraid that the action by the Feds to "cook the books" to lower govt costs is going to come back to bite.....they upset the equilibrium only to see later the cost of the imbalance to our economic system.....

Looking for the day when the unstable third world countries fall apart and manufacturing comes home.....but, I'm afraid that isn't going to be any time soon....and alot of Americans will lose their lives "defending their peace" overseas to keep the stability just so economic powers can keep a good profit with cheap labor and manufacturing costs......a penalty we shouldn't have to pay.....we defend their land, and lose our jobs to them.....what a rip....of course if everyone see this, we could control the world economics at the poll....

Defend the homeland and let them defend theirs, but in no case help them grab our economy.....keep our jobs and standard of living .......

:dude:

Thanks, Greg. I wonder, do we have the figures for the last three years running? A trend here might be helpful in deciding what to do this coming year, might offer clues to longer-term structural factors.

That is, I mean the kind of things you mentioned, Tech. Which I hope you felt better later that evening my friend.

Dave

Since we are talking about 2005 here are some of Wall Streets predictions for last year and the coming year....


Here are the results:

How did Wall St. predict 2005 Firm Prediction % chg.

S&P 500 actual 1,248.29 3.00%
Smith Barney 1,300.00 7.27%
Lehman Brothers 1,300.00 7.27%
Standard & Poor’s 1,300.00 7.27%
Morgan Stanley 1,250.00 3.14% (BEST)
UBS 1,200.00 -0.98%
Bear Stearns 1,150.00 -5.11%

Wall Street is mostly optimistic for 2006...

The cynics might argue, So what else is new? Be that as it may, CNBC's Melissa Lee asked a number of big Wall Street firms to offer their estimates on where the S&P 500 would close in 2006. Here are their predictions.


Wall St. S&P 500 projections for '06 S&P 500 % chng. from '05
Smith Barney 1,400 12.15%
Lehman Brothers 1,400 12.15%
Standard & Poor’s 1,360 8.95%
Morgan Stanley 1,400 12.15%
UBS 1,250 0.14%
Goldman Sachs 1,400 12.15%
Merrill Lynch 1,225 -1.87%


If you want to read this article....http://articles.moneycentral.msn.com...30markets.aspx


We don't need to give predictions yet just listen and follow the trends... The market will tell us what to do soon, rather than deciding in advance what the market must do. However, you make the most money trading/moving correctly, but no one knows for sure.... Will the market be up tomorrow? I say yes! I'm I willing to bet on it NO!!!! I made less than 10 moves in my TSP account last year, that includes in and out of stock funds... It should be less this year! But for those that enjoy trading/moving frequently I hope you make a bunch of money in 2006... It should be good for trading I expect a wild ride... I do trade ETF's but not with my TSP account... I try to invest.... I'm a conservative investor, but I'm in my 50's... I have been in the stock market since the early 80's, getting close to critical mass so I keep a balanced portfolio.... For those that are 100% stocks , GO GO Birchtree!!!!!