Navigating The Market’s Crazy Rally

Warning: On the surface, this article may sound self-indulgent because I’m sharing my personal thoughts and strategies during the current stock market rally. However, I know you’re an intelligent reader and can parse this information for ideas to implement into your own investing style.

In March, everyone was fearing the next Great Depression.

Hundreds of news stories warned of major bank collapses. And there was an endless cycle of doom and gloom.

Now the market is back up, and everybody is celebrating.

Everybody except me.

I’m not a bear and I don’t think there’s going to be a big crash. But I do think there’s a tech and AI mini bubble. And this is driving up the entire market.

On top of this, interest rates are still high.

And many savings accounts are now paying 3–4%.

If you are a dividend investor, there’s no reason to buy sub 3% yielding value stocks at or around their year-to-date highs.

I set a goal this year to buy 100 shares of American Express stock.

This is a dependable, high-quality company that’s been in business for 173 years. But, American Express has also underperformed the S&P 500 over the past 10 years.