On one side Market is irrational.
On the other side, Market knows something you do not know.
Opportunity cost is something you need to weigh too.
A good advice from cif5k is to buy only stocks that GIVES dividends. Show me the $$. It could be argued that its better for companies to keep $$ for expansion. But it may also show that companies are not able to plan or allocate resources well and forgot that being listed means meeting the expectations of ALL shareholders. there are enough stories out there about companies hoarding cash for "expansion" and in the end the cash are in bungalows and ferraris.
I am not trying to "capsize-all-boats-with-one-oar"... the longer you are in this gambling/investing/betting game of stock investing, you are simply trying to increase your odds and probability of success. which is why there's so many people with so many fancy techniques out there. But no single technique is 100% bo-jiak.
Enough has been said about the different screens used. If you are very very confident and has proven time and again that you have a high chance of
proving that you are better than Mr Market, then great for you! just a gentle word - you dun have to prove to anyone. its all just about making peanuts right??
There are many many roads to ROME! but sometimes you wont know whether its the road or not till you reach ROME.
The irony again is to increase your probaility of success by:
1) followed the exact path previous proven men have thread
2) think of innovative ways to open new roads
3) buy a Apple iPhone that has a GPS tracking system
(its working wonders in my life!)
With prices and indexes rising again, it is either Another chance to get out with rising tide OR you will have thought that your initial assessment is right and Mr Market is now rewarding you!! haha!! there's always 2 sides (or more) to a coin.
All of us are given free will - its a life time struggle. Cheers!
PS: I am also in the process of learning.. what is said above is a great reminder for myself too. Thank you very much for sharing and letting us share with you.