The Next Wave of Money

 | Jul 01, 2013 | 2:35 PM EDT  | Comments
  • Comment
  • Print Print
  • Print
Stock quotes in this article:

onxx

Where is the money coming from? There's a good discussion in Columnist Conversation about this, and I have to tell you -- I think it is coming first from 401k contributions from the beginning of the month, and then trickling back in from bond funds.

That said, the gyrations of the stock market aren't making it any easier to get back in. That's despite the fact that Noodles (NDLS) just gave you a double from the initial public offering, and that Onyx Pharmaceuticals (ONXX) was a total home run.

In the end, we just have to accept that we'll need to suspend some of the negativity -- and take the risk that we can own stocks that might go down -- in order to make money. That's not something the sidelined money has been willing to do. When these people see their statements, I hope they'll recognize that -- unless they had been in gold mining shares, iron ore, or a couple of housing plays -- they did better than their bond funds.

That's where the next round of money will come from -- one week from today, when the statement arrives.

Columnist Conversations

Quick comments as I won't be filing tomorrow - and a happy Thanksgiving to all: Meeting with Saudi minister a...
Kass:
Doesnt get better than this. Enjoy Lena. http://www.youtube.com/watch?v=QCG3kJtQBKo
Expecting a sedate trading day in last session before Turkey Day tomorrow. Personal income and durable good re...
TrueCar, Inc. (TrueCar) is a data-driven online platform operating a technology infrastructure, powered by dat...

BEST IDEAS

REAL MONEY'S BEST IDEAS

Columnist Tweets

BROKERAGE PARTNERS

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.


TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.