Early 2020 - are we in a stock market bubble ?
Relative newbie here. I have been contributing like clockwork a fixed cash amount on each payday to my QT account since August.
Then manually purchasing VDY in the days following, most of the time. Sometimes delaying or even skipping a purchase, then purchase double next payday.
Seems to me unit price has been increasing like crazy since the low of this summer. Much more than underlying economy should bring (as perceived).
Tomorrow I will have 3x my normal VDY purchase amount in my QT cash account, wondering if I should keep delaying purchase while VDY is so high...
Those buy on (small) dips have been good to me so far, in my short VDY experience. I know, nobody can time the market. But I will be in accumulation phase for several years, just picking better moments for my regular purchases...
Indexes have been rising like crazy in the last months. I am under impression it is not fundamentals that drive the market at this point, but plain speculation.
Do you think we are in a bubble, on a verge of a correction ? (as I am in accumulation phase in a high dividend yield ETF, I would love a market correction)