The Long Term Investor

Discussion in 'Investing' started by WXYZ, Oct 2, 2018.

  1. Smokie

    Smokie Well-Known Member

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    I know what you meant "prediction"....but perdition might fit as well....:D, Love it.

    a state of eternal punishment and damnation :rofl:
     
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  2. WXYZ

    WXYZ Well-Known Member

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    EXACTLY....so I am not even going to edit that.
     
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  3. WXYZ

    WXYZ Well-Known Member

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    Lori Myers likes this.
  4. Strathmore

    Strathmore Member

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    My wife has opened her brokerage account a few months ago, and bought a considerable amount of NVDA stocks. This week she wanted to sell all stocks to realize a profit, but I told her to look at the bigger picture and think long term. Of course now she's mad at me :D
    I'm trying to give her some advice I learned along the way. To not put all eggs in one basket, timing the market is not always possible, power of compunding, tax implications... But she's not all ears :)
     
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  5. WXYZ

    WXYZ Well-Known Member

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    A tough situation....Strathmore. I dont envy you. LOL
     
  6. WXYZ

    WXYZ Well-Known Member

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    The....PERDITION....will continue for long term investors watching the short term action today. As SMOKIE noted....."a state of eternal punishment and damnation".

    I love that word....now....in regards to what we have to put up with as long term investors.
     
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  7. WXYZ

    WXYZ Well-Known Member

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    The markets open.....RED....in a continuation of the last three days.

    I am starting to wonder if I DREAMED the big tech earnings. Obviously the market thinks all those top ten companies in the world are just worthless junk. I have not looked but I would bet that most of the companies that are......REAL JUNK....are not performing as HORRIBLY as the best of the best companies are right now.

    I know it is probably NOT the little retail investors that are causing all the recent red.
     
  8. WXYZ

    WXYZ Well-Known Member

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    A nice little article.....which covers many sorts of investments and various situations. A good read. Bottom line:

    "Whether you are investing in U.S. stocks, international stocks, gold, or Bitcoin, the evidence suggests that all-time highs should not alter your regular investment plan."

    Should You Buy at All-Time Highs?

    https://ofdollarsanddata.com/should-you-buy-at-all-time-highs/
     
  9. WXYZ

    WXYZ Well-Known Member

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  10. WXYZ

    WXYZ Well-Known Member

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    I notice that the two recent cuts by the FED that total a 1/2 percent.....have had ZERO impact on the Ten Year Yield. We can thank a single person for that......our friend...Mr Powell.
     
  11. WXYZ

    WXYZ Well-Known Member

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    Nothing new in the markets open today. I am going to call it a...CORRECTION....for big cap tech and some non-tech names. I dont see this correction as having legs....because it is IRRATIONAL and media driven. NOT fundamental based. There are a lot of DEALS in the big cap world right now.

    WHATEVER.

    Nasdaq, S&P 500, Dow falter in bid to recover from tech-led sell-off

    https://finance.yahoo.com/news/live...recover-from-tech-led-sell-off-000747762.html
     
  12. WXYZ

    WXYZ Well-Known Member

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    I see NOTHING going on today. Same BS as the last 3 days. A total absence of news or events to justify the action in the markets.

    SO....I have no reason t torture myself...by watching it or posting about...."IT".
     
  13. WXYZ

    WXYZ Well-Known Member

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    I will mention....I have two stocks in the GREEN right now...HD and COST.
     
  14. Smokie

    Smokie Well-Known Member

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    Not looking great today either.

    Some green in consumer staple and energy.
     
  15. WXYZ

    WXYZ Well-Known Member

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  16. WXYZ

    WXYZ Well-Known Member

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  17. WXYZ

    WXYZ Well-Known Member

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  18. WXYZ

    WXYZ Well-Known Member

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  19. WXYZ

    WXYZ Well-Known Member

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    At least....at this moment....the BIG LOSSES of earlier have moderated.
     
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  20. Smokie

    Smokie Well-Known Member

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    It's the little engine that could....or at least it is trying.
     

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