I will dip my toe into this thread again tentatively, it's tough to get rid of a troll.
DJIA down under 16.2k early Monday morning. To re-iterate: value is subjective, and relative. Market returns and prices are down, but do they still represent good, competitive value for your investing dollar?
For me, the answer is still no. For instance, I am buying a condo next to one I already own. I will occupy half of it, and rent out the other half, on which I will realize 12% before taxes, but after all fees, expenses, and licenses...and that is only renting out HALF of it, and I'm not even doing this with the primary goal of making money...and that is buying the condo at market. No, getting a renter won't be a problem, and no, there will be no condo surprises, as I already know everything that is going on, and will live next door to the renter.
However, I'm still watching the markets. I don't have any other rental properties and do not wish to get into "the business" of being a landlord, this rental will be just to make the extra space I get pay for itself.
Which is just sound business, and represents value.
The markets? Not so much.
Regarding coach d's knowledge of certain companies, that only goes so far. Management changes, and knowledge about precisely HOW these companies do their accounting is often difficult to achieve if you are not on the inside. The "type" of knowledge coach d seems to go on is "operational knowledge", that is, knowledge of the business operations.
Good luck to you, and congratulations to coach d, if you want to go that route.
Unless stocks can be had at significantly lower prices, I prefer to be on the inside looking in--into my own business operations--than on the outside looking into someone else's business operations.
I continue to DESTROY market returns this year, while being out. Being in, however, is just soooo EASY in comparison.