Hello everyone, it’s Saturday evening here in Norway now so I know a lot of you guys are busy. However, I recently came across a very good report about the financial market from IceCap Asset Management Ltd which I think all of my readers should read. Let´s call it a must-read.

So, here you go. Click on this link, open the PDF and use 10 minutes to get some further insight into today’s market. I promise it would be time well spent!

See you soon,



DividendSolutions · October 29, 2017 at 10:14 am

Hey Stockles,

interesting article! – it’s an old question… and a difficult one. As a dividend growth investor i try to invest on a regular basis – first: to put my money at work as quick as i can
second: i can’t predict where the market is heading and therefore it’s awfully difficult to time the market.
But all that in mind i try to be prepared should a significant market correction or even a crash come along. To be honest, i hadn’t thought that this bull market is going so long without a setback.
Although the general valuation are high and i’m sometimes not comfortable putting money in this market, i try to pick stocks where i think the risk/reward ratio fits…you can look up my recent buy here:

Best Regards,

    Tom @ Dividends Diversify · October 30, 2017 at 12:13 pm

    Dividend Solutions, I could not have said it better. Agree with all your points. I would add that in pricey markets it is a good time to make sure to go through all your holdings and eliminate any that you think are weaker and would be vulnerable during a down turn. Keep all the solid holdings and have some cash available to invest when the market turns down. All easier said than done, but effective when executed properly. Tom

      Mr. ATM · November 2, 2017 at 12:04 am

      That’s exactly what I’ve been doing lately. Looking for the sick stocks in my portfolio and eliminating them, even if it means taking some loss. I can always use some tax loss harvesting.


      Thanks for the article, I did read it all. Now, I’m wondering if the next financial crisis is going to come from Europe e.g. Brexit 2.0, 3.0, and so on. Seems most European countries want divorce from EU.

      BTW, that’s why I like to keep all my investments in U.S. dollars. I will still get some exposure to the rest of the world, but from far away.

      Call me selfish, but I would rather be invested in the strongest currency and market than worry about who is exiting next. Europe is too complicated, while we got our own problems here in the US, I believe they are manageable.

        Stockles · November 7, 2017 at 9:11 pm

        Hi Mr. ATM,

        Smart! However, it´s hard to say which stocks are “sick” and who are just on the wrong side of this bull market. I wouldn´t be supriced if CAH, CVS and other stocks who are related to Amazon start to move once that company takes a break.

        It´s true what you say. Several countries want to exit EU. Just look at Norway. We have never been in EU because we don´t want to share our oil (also we are very small). In reality, there aren´t many reason to choose EU.

        I would love to have USD as my home currency. It´s such a pain noting every dollar amount on the spreadsheet to find the “real” price return.

        Thanks for commenting!

      Stockles · November 7, 2017 at 9:06 pm

      Hi Tom,

      Yes, todays market gives us a nice chance to oil the machine, maybe change a few parts, and just give 100%. The fight between having cash and staying fully invested is always hard. I which there was a correct theoretical answer, but it´s very situasion-based. I always keep 50 000 NOK outside of the market. It helps me stay rational and calm.

      Thanks for commenting Tom!

    Stockles · November 7, 2017 at 9:02 pm

    Hi DividendSolutions,

    I agree with you, and I do the same. However, if we go really Big Picture, Looking at s&p500 over a 90 years period, the current valuations actually look fairly priced / right on the medium.

    As the article says, the outlook for the stock market looks okey to them, and I agree. It´s not cheap, but companies are earning a bunch of money and interest are very very low, so why would it be?

    Thanks for commenting!

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