The Long Term Investor

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

  1. WXYZ

    WXYZ Well-Known Member

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  2. WXYZ

    WXYZ Well-Known Member

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  3. WXYZ

    WXYZ Well-Known Member

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  4. WXYZ

    WXYZ Well-Known Member

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    I ended the day with a MEDIUM gain for the day. It was driven by four green stocks....NVDA, GOOGL, AMZN, and PLTR. But I lost out to the SP500 today by....0.11%.

    I will take the money/gain versus the beat on the SP500 any time.

    A good start to the short week for me.
     
  5. WXYZ

    WXYZ Well-Known Member

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    Speaking of the short week....I will be missing in action on Wednesday and Friday.

    BUT....I will be watching.....so dont do anything crazy. Feel free to....MAKE ME SOME MONEY.
     
  6. WXYZ

    WXYZ Well-Known Member

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    The most important first. And the result....DUH. All the BS negativity is simply....WRONG.

    U.S. economy grows by 4.3% in third quarter, much more than expected, delayed report shows

    https://www.cnbc.com/2025/12/23/us-...-more-than-expected-delayed-report-shows.html

    "The U.S. economy grew at a much greater-than-expected pace in the third quarter, boosted by strong consumer spending, a delayed report released Tuesday showed.

    U.S. GDP, a sum of all goods and services produced in the sprawling U.S. economy, expanded by 4.3% in the July-September period, the Commerce Department said in its initial reading of third-quarter growth. Economists polled by Dow Jones expect a gain of 3.2%.

    Consumer spending expanded by 3.5% in the third quarter after rising 2.5% in the second quarter"

    MY COMMENT

    Of course as is typical with GOOD NEWS.....the media and markets simply...DONT CARE. REALITY....the economy is STRONG. Consumers are spending for the Holiday Season at record levels. Wages are higher than ever. Inflation is under control and at the LOW END of the normal range at 2.6%. AND......we are doing just fine.
     
  7. WXYZ

    WXYZ Well-Known Member

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    I continue to amazed that the "PREDICTION MARKETS" products are being allowed to sell GAMBLING as investing. They are calling themselves "MARKETS". They use the language of "TRADING". EVERYTHING about this GAMBLING is being sold as investing and trading.

    HOW CRAZY AND FOOLISH.

    This marketing ploy......is another strategy aimed at STUPID people and young people that dont know any better.
     
  8. WXYZ

    WXYZ Well-Known Member

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    As to the above.

    Prediction Markets Are (Obviously) Gambling
    Sports betting has been a net-negative for society. Prediction markets will be 100x worse.

    https://huddleup.substack.com/p/prediction-markets-are-obviously

    In my view this SCAM should be regulated as GAMBLING........NOT investing. ALL of the language about markets and trading and pretending that this is any sort of investing should be BANNED.
     
  9. WXYZ

    WXYZ Well-Known Member

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  10. WXYZ

    WXYZ Well-Known Member

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  11. WXYZ

    WXYZ Well-Known Member

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    A green but very shallow day for me so far. Six of seven stocks GREEN for me. Only PLTR is red. But the gains are so small and shallow I am barely above flat for the day.

    Better than nothing.
     
  12. WXYZ

    WXYZ Well-Known Member

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    I notice that the MEDIA has not given up on fear-mongering Holiday shopping. The data is OVERWHELMINGLY against them.

    Holiday retail spending rose 4.2% this season, driven by e-commerce and electronics: Visa report

    https://www.cnbc.com/2025/12/23/holiday-retail-spending-visa-report-2025.html

    “The underlying surprise here ... is that consumer spending is holding up reasonably well in light of softer consumer confidence than we had this time last year and a number of headwinds and concerns about inflation,”

    MY COMMENT

    Of course to these people this is a "SURPRISE". "They"....dont live or circulate in the real world. As usual the so called "experts"....are just about always wrong.
     
  13. WXYZ

    WXYZ Well-Known Member

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  14. WXYZ

    WXYZ Well-Known Member

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  15. WXYZ

    WXYZ Well-Known Member

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    And....speaking of how you are doing.....well the big averages are NOW......all green.

    Enough.....for me....on Christmas Eve....Eve.
     
  16. WXYZ

    WXYZ Well-Known Member

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    I continue to have six stocks green today. A little 1.5 day.....MINI....Santa Rally for my portfolio. My only slightly red stock is....PLTR. And I give it a good shot at going green sometime today.
     
  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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    My DREAM.......a market with NO financial media other than the Wall Street Journal and Investors Business Daily.....plus....a few magazines. Of course I am talking about the past....my investing life from the 1950's to the mid 1990's.

    It was so much nicer and easier to be an investor WITHOUT the constant daily NOISE.

    Companies and business was able to actually operate without the daily proctological exam. Reports and earnings actually mattered for their.....GASP.....content.

    Ok I am done for the day.....I will now be AWOL for most of the remainder of the week.
     
    Smokie likes this.
  20. WXYZ

    WXYZ Well-Known Member

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    Have a GREAT CHRISTMAS and HOLIDAY TIME.....EVERYONE.

    Those of you that might not be investors yet.....RESOLVE....to start in 2026.....JUST DO IT.
     

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