I know your eagerly awaiting an entry point for the market. My advice is to be patient, you'll get one. We came close with the very short lived 3.6% swoon in the last two weeks but waiting a bit will give you a great outcome.

Here's a little trivia to ponder about the length of historic, long lived BULL markets,
---December 1987 to March 2000; 4494 days
---June 1949 to August 1956; 2607 days
---October 1974 to November 1980; 2,248 days
---CURRENT BULL MARKET, 2, 210 days as of 3-16-2015
---July 2002 to October 2007; 1,904 days

We are ripe for a pullback and major equity purchases are problematic in MHO. That being said I do nibble a bit in my personal account on what I think might be special situations; I recently bought a round lot of VISA (V) because its balance sheet is sterling, It signed a contract with Cosco to replace Cosco's present card (American-Express) and it has announced a 4 for split effective on March 18th, 2015. The stock pays close to a 2% dividend and is 90% held by institutions I.E. mutual funds, ETFs and such.

I know that splits do not add value but the fact is that most stock splits increase the stocks NAV by 20% in the year after the split because when you lower the per share price from $200 plus to say $50 you bring in a bunch of retail investors who haven't the cash to buy at the higher price. I know it sounds hooky but it works, I've ridden this train before.


Take it slow and wait for the right opportunity.
Murray