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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    Two stocks RED for me today right now....AAPL and NVDA.
     
  3. WXYZ

    WXYZ Well-Known Member

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  4. WXYZ

    WXYZ Well-Known Member

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    Looking at a chart of the SP500.....the little nasty correction that we just went through ended on November 20th. Since that day the SP500 has steadily been rising to where we are now. Of course what I am calling a CORRECTION for most stocks and the big averages did not hit a loss of 10%.....the traditional definition of a correction.

    We are in a TWO WEEK.....broad based....market GAIN. Somewhat of a STEALTH RALLY....since most people are probably still unaware.

    NOW.....we need to keep this slow and steady market rise going for the next 3 weeks to year end.
     
  5. Strathmore

    Strathmore Member

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    This made me thinking about what companies will be "The Ten Largest" in next few decades. Definitely, Tech companies won't be dethroned for some time. Interesting to see how IBM fell from the top in 1990 to the 10th place in 5yrs, who would expect that.

    [​IMG]
     
    WXYZ and TireSmoke like this.
  6. WXYZ

    WXYZ Well-Known Member

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    Yeah poor IBM......they screwed up royally by thinking that an operating system was nothing and giving that business to Microsoft.

    They were also hated in the business world for being TOTALLY ARROGANT....as hell.
     
  7. WXYZ

    WXYZ Well-Known Member

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    Today I had a small gain. I had three stocks in the red....COST, NVDA, and AAPL. I lost out to the SP500 by....0.03%.
     
  8. WXYZ

    WXYZ Well-Known Member

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    For the week....my march back toward my all time high continues with another gain for the week. It is a STEALTH RALLY.

    As of the close today my year to date gain for my entire portfolio is at....+28.07%.

    Last week my entire portfolio was at year to date.....+26.79%.

    MOVING ON UP. I am asking nicely....can we PLEASE have a SANTA RALLY this year?
     
  9. WXYZ

    WXYZ Well-Known Member

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    HAVE A GREAT WEEKEND EVERYONE.
     
  10. WXYZ

    WXYZ Well-Known Member

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  11. WXYZ

    WXYZ Well-Known Member

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    Seems like a basic little article about insiders selling private shares. BUT....buried in this little article is this:

    "The Information, citing people familiar with the discussions, separately reported on Friday that SpaceX has told investors and financial institution representatives that it’s aiming for an IPO of the entire company in the second half of next year."

    Of course....in my opinion this source...."The Information".....is (allegedly) a sensationalistic gossip rag for tech stories.

    SpaceX to Offer Insider Shares at Record-Setting Valuation

    https://finance.yahoo.com/news/spacex-offer-insider-shares-record-185117449.html
     
  12. WXYZ

    WXYZ Well-Known Member

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    I dont know why anyone thinks this is shocking. Parents have been helping kids get started in life.....FOREVER.

    We put our kids through college with NO debt. We bought them their first car....so they would have NO debt.

    We paid for our kids gas and insurance till they were age 30. We helped them with the down payment on their first houses. We family-finance their current mortgages. We made contributions to a ROTH IRA for each of them till age 30....to get them started in investing and saving.

    BIG DEAL.......this story is just another example of media BS. Parents have been doing this forever. ESPECIALLY upper middle-class and above parents.

    NO...it does not meet the TOUGH LOVE standard which I believe is BS. Want to screw up a good kid.....kick them out of the house as soon as they turn 18 or graduate from High School and tell them they are on their own. We saw some of our....distant....family members use this approach....the end result was not pretty.

    Our only criteria was that the kids were moving forward in life, work, and family....and...through their actions, lifestyle, work ethic, and habits EARNED the help.

    Family Support Crucial for Nearly Half of Gen Z Adults: What This Means

    https://finance.yahoo.com/news/family-support-crucial-nearly-half-111900012.html
     
  13. WXYZ

    WXYZ Well-Known Member

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    The history behind an AMERICAN ICON......jeans.

    From the California gold rush to Sydney Sweeney: How denim became the most enduring garment in American fashion

    https://www.cnbc.com/2025/12/06/the-history-of-denim-and-how-jeans-were-created.html

    LOL....when I was in High School....we could not wear jeans at school. The first time I was able to wear jeans on a daily basis was in college. Of course when I was in High School...girls had to wear dresses. There were no T-shirts in High School either.....or....long hair for boys (hair touching the ear or collar)...and...no sideburns or facial hair. We would try to slowly grow our sideburns longer and longer....till we got caught by a coach.... and ordered to cut them.

    Most of my friends did not even own jeans....because mothers did not buy them.... since kids could not wear them in many locations. For example....our movie theater (on a military base) did not allow jeans. In my world...this was the norm through about 1968 to 1970.

    Much was very different back through about 1970 in my world....,our High School actually had a smoking area for students that smoked.

    The hippie era of the late 1960's....and the huge cultural and social changes that occurred.... changed all of this.
     
    #27173 WXYZ, Dec 6, 2025 at 8:35 AM
    Last edited: Dec 6, 2025 at 8:42 AM

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