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]
     
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  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.
     
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  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
  14. roadtonowhere08

    roadtonowhere08 Well-Known Member

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    This reads like a libertarian mindset. I agree with a lot and disagree with some. He took the political spin out and tried to be as objective as he could while still viewing through (what I consider) a libertarian lens. Interesting points.
     
  15. bigbear0083

    bigbear0083 Active Member

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    happy holiday season to all here at the long term thread, and especially a very big one to you W! :)

    i’ll be MIA for the remainder of this month to year end but just wanted to quickly take this time out to thank you truly from the bottom of my heart W for all of the hard work and efforts that you put in and have continued to put in on this thread for the many years now.

    you are the heart and soul of this entire community. without you this place would have been six feet under by now.

    despite all of the issues this site has had this year, from an inactive admin, to website errors and failures and some page slowness here and there, you are still here and going at it strong as ever. major Major MAJOR props and kudos goes out to you and the last few remaining regulars that are left on this thread for this would not be possible w/o you!

    this is legitimately the only thread left on this entire website that actually means anything anymore. take this thread out and this site is absolutely nothing.

    i know i often say this on here every couple of years, but it still never ceases to amaze me how you do this (updating this thread) on a daily basis. despite this community can no longer grow because of new user registrations being disabled, etc. you still have the motivation to keep this thread going is an amazing show of dedication on your part!

    you are without a doubt the greatest poster i have ever, EVER run across in my near 20 years at this community.

    thank you so much for being you W. love you man. <3 and here’s to hoping you continue doing what you do (whether it’s on this website or elsewhere) for many more years to come!

    there can and never will be another W. you are simply the best there ever is and ever will be.

    here’s to a very merry christmas and a happy new year to you and your family and friends and everyone who still visits this community. cheers! :)
     
    #27175 bigbear0083, Dec 7, 2025 at 12:09 PM
    Last edited: Dec 7, 2025 at 12:14 PM
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  16. Strathmore

    Strathmore Member

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    This is interesting because my parents were born in the late 50s and they told me how boys weren't allowed to have long hair in the 70s, the state police would simply order people to cut their long hair. They also had to go to Trieste (North-East Italy) to buy Jeans, Yugoslavian customs only allowed the import of up to two pairs of jeans.
     

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