The Long Term Investor

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

  1. WXYZ

    WXYZ Well-Known Member

    Joined:
    Oct 2, 2018
    Messages:
    18,440
    Likes Received:
    5,993
    WELL....it did not take long for the short term speculators and sellers to swoop in and trash the markets today. After STRONG pre-market action the NASDAQ is now RED and the gains in the SP500 have moderated. I see that now have only two GREEN stocks right now....PLTR and NVDA.

    HERE is the market today....even if the headline is a bit out of date already.

    Stocks jump in broad advance as investors bet data this week will show strong economy, tame inflation

    https://www.cnbc.com/2025/12/14/stock-market-today-live-updates.html
     
  2. WXYZ

    WXYZ Well-Known Member

    Joined:
    Oct 2, 2018
    Messages:
    18,440
    Likes Received:
    5,993
    YES.......thanks to THREE rate cuts the yield on the Ten Year Treasury......NEVER MIND.....it is not going down at all. In fact it is slightly going up.

    Unfortunately the current FED is caught up in politics, confusion, mental paralysis, and IDIOCY.......and.....is at this point a BIG hindrance to the economy that they are supposed to be helping to be successful.

    My....STORY OF THE YEAR.....for 2026 will be the new FED Chair. For investors.....probably the single most important event of 2026 and the next 2-3 years. NOT....due to rate cuts.....but due to ATTITUDE.
     
  3. WXYZ

    WXYZ Well-Known Member

    Joined:
    Oct 2, 2018
    Messages:
    18,440
    Likes Received:
    5,993
  4. WXYZ

    WXYZ Well-Known Member

    Joined:
    Oct 2, 2018
    Messages:
    18,440
    Likes Received:
    5,993
    Looking at the actual financial news today.....and what is going on....by all accounts it should be a nice STRONG day in the markets. Unfortunately the short term is disconnected from REALITY and is killing the markets today.

    We have now seen ALL the big averages....the DOW.....the SP500....and the NASDAQ.....red, red, red.
     
  5. Smokie

    Smokie Well-Known Member

    Joined:
    May 24, 2022
    Messages:
    2,183
    Likes Received:
    1,659
    Have a wonderful trip, enjoy the time off, and Merry Christmas!!
     
    WXYZ likes this.
  6. Smokie

    Smokie Well-Known Member

    Joined:
    May 24, 2022
    Messages:
    2,183
    Likes Received:
    1,659
    Yeah, it seems whoever it has been always seems to fall out of favor at some point. I don't think that will ever change, but it would be nice if they all just stuck to the task at hand. Certainly they have their FOMC meetings and such, but all of the members touring around talking all the time really serves no purpose, other than speculation. I would like to see all of them avoid the extra outside commentary.
     
  7. WXYZ

    WXYZ Well-Known Member

    Joined:
    Oct 2, 2018
    Messages:
    18,440
    Likes Received:
    5,993
    ONLY......eleven...... market days left in financial year 2025.

    I will NOT miss the markets that we have had to ENDURE over the past few months. BUT.....I am not saying anything will necessarily change as we hit the new year.

    The current markets just move on from fear-topic to fear-topic. As one economic millstone or report is successfully passed....the focus passes to the next one on the calendar. AND....the constant and relentless negative commentary....sets the tone for the markets.

    It is very difficult for the day to day markets to overcome a constant, negative, media.......WET BLANKET.

    Just about everything I see today is actually POSITIVE....or should be....if we operated in the world of REALITY.

    In any event.....I will move on from hanging out here....for now......and....hope that the day matures into the markets that we actually deserve.
     
  8. Bigmalx

    Bigmalx Active Member

    Joined:
    Apr 14, 2020
    Messages:
    113
    Likes Received:
    26
    Good morning Mr. WXYZ, It's been a while since i have posted anything, but I do try up keep up with reading here. I was curious if you didn't mind me asking about a specific 2x leverage etf you are considering, I have read about a few. Thanks and please keep posting the amazing info that you do. I have been following you on here since about early 2020.
     
  9. WXYZ

    WXYZ Well-Known Member

    Joined:
    Oct 2, 2018
    Messages:
    18,440
    Likes Received:
    5,993
    Good to hear from you BigmaIx.

    For NVDA I will use.....NVDL.....GraniteShares 2X Long NVDA ETF.

    For PLTR I will use.....PLTU.....Direxton Daily PLTR Bul 2X ETF.

    For my little fraction of one Bitcoin....now worth about $1000 I use....IBIT....Ishares Bitcoin ETF.

    These leveraged products are very HIGH RISK......and supposedly NOT suitable for long term investing. I DO NOT recommend using them for long term investing. I am going to take a FLYER on these for the longer term since I will be using a small amount of.....found and free....money. BUYER BEWARE.
     
  10. WXYZ

    WXYZ Well-Known Member

    Joined:
    Oct 2, 2018
    Messages:
    18,440
    Likes Received:
    5,993
    Hey...LORI.

    At Disney beware the MOST BRUTAL ride in the park......the SPINNING CUPS.

    When our kids were young we went to Disney parks a few times and.....the most extreme roller coaster...no problem. But...those cups and that spinning....KILLER.
     
    Smokie likes this.
  11. Smokie

    Smokie Well-Known Member

    Joined:
    May 24, 2022
    Messages:
    2,183
    Likes Received:
    1,659
    Some interesting posts above on the "leverage" positions. I'm curious about the reasoning for adding them. Not that it is really any of my business....LOL. Both can be volatile, especially PLTR, just under normal conditions. My guess is folks use these under short term conditions pretty regular or some do anyway. I have no idea how many dabble in it.

    If one is using a "small" amount, is the juice worth the squeeze is what I am getting at?? Risk vs reward type of thing. Maybe the thrill of it, but on a smaller scale as to not risk too much? My thought is the two companies (PLTR/NVDA) have provided a good return alone without the extra risk and fees....but I think differently about these things.

    I am genuine in my asking and am not intending to be snarky or even nosey about it. It is not something I am even remotely interested in doing, but I am curious of the idea or plan behind it for those that do.
     
  12. Smokie

    Smokie Well-Known Member

    Joined:
    May 24, 2022
    Messages:
    2,183
    Likes Received:
    1,659
    :D. I did that once with my kiddo's. I swore we ended up in one that just spun more than anything else built. Never got on anything else that even remotely looked like it would spin. Of course, they are adults now, but anytime we are at a park that has something that spins...."You wanna try??" No...never...LOL.
     
    TireSmoke likes this.
  13. Smokie

    Smokie Well-Known Member

    Joined:
    May 24, 2022
    Messages:
    2,183
    Likes Received:
    1,659
    I have mentioned previously about my usual end of the year review. I've been a bit behind this time around, but have been checking the plan out and evaluating this year and looking forward.

    A good year so far. Not much in changes this year looking back. I added a Treasury fund earlier this year to get familiar with. I also nibbled a bit and re-introduced a broad international index fund to the mix some time ago. It has done well....at least this year.

    Of course, I have my US based broad index fund that I will continue to hold as always.

    I will likely increase my contributions to the overall plan in the new year. I try to do this every year. There are times throughout the year where I will even throw more in above this....if I get a bonus or some other monetary surplus. Throughout the year the money will get allocated to the funds above.

    No individual stocks in the current plan and I don't foresee any being added in the new year, but I will not completely close that door. I am more about simple management at this point and am satisfied with my overall plan.

    Other parts of the overall plan....retirement, debt control, risk tolerance, and etc...are all on track. Looking good.
     
  14. Bigmalx

    Bigmalx Active Member

    Joined:
    Apr 14, 2020
    Messages:
    113
    Likes Received:
    26
    Thank you for your reply. Merry Christmas and a prosperous new year.
     
  15. Bigmalx

    Bigmalx Active Member

    Joined:
    Apr 14, 2020
    Messages:
    113
    Likes Received:
    26
    Also, I look forward to seeing many more post from you.
     

Share This Page