Fortunes made in the 90s market run

[youngblud]

The 90s was such an amazing run, ill bet many fortunes here were made in the market.

The long road ahead feels like a traders market with little hope for the buy and hold investor. The volatility of the last decade seems to supports this. When I look at very long term charts of the s&p, the 90s run-up looks to be irrepeatable.

I enjoy trading with risk money and I do ok, always learning.
Sadly I partied and played microcaps this last decade.

Its time to get serious.
I recently bought a rental prop cash. Feels like good timing.
I'm prepared to invest our Roth and other taxable accounts.
I guess I'm waiting for things to get bloody again.
Mistake or dca my way in?

[elessar78]

Sure you can. Dollar cost averaging, will have you buying in the troughs of the market, so you can enjoy the gain in value. Back to the peaks. Hopefully, in the long-term we can smooth out shocks to the system.

I don't think your rental property idea is a bad thing.

The run up in the 90s was due to the internet, do you believe that humanity's ability to innovate is done? The Internet is the last great thing we'll invent?

[youngblud]

I'm not buying into this market quite yet. Volume is shrinking, approaching resistance.

Can I get a discount pls!

[thekid]

90s market was delusional (peak pe10 over 42!) and markets are still not back to historical mean valuations even after two severe crashes (they briefly dipped below in 2009 only to rise again).

The lost decade+ is on account of the irrational 90s bull market.

Good luck with your technical day trading. Long term, broadly diversified buy and hold should yield you about 6% long term at current valuations. Not great at all by historical standards (thanks 90s run up), but extremely likely to beat daytrading and casino playing (particularly after costs).