The Long Term Investor

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

  1. WXYZ

    WXYZ Well-Known Member

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    I was hoping that my "feelings"....about the markets this week would not be in line with reality. BUT......NOPE.....I had a real CRAP week in the markets.

    Last week at the Friday close my entire portfolio was at year to date......+28.07%. Today I am at a year to date for my entire portfolio of......+25.77%.

    AND....the drop and BS market this week happened as the FED gave us another rate cut. Of course....the Ten Year Yield was UP significantly today to.....4.188%. Rate cut....what rate cut.

    Apparently when the FED is cutting rates...the big banks, credit card companies, etc, etc,etc....dont care and neither do the Treasury yields.
     
  2. WXYZ

    WXYZ Well-Known Member

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    HAVE A GREAT WEEKEND EVERYONE.....get out there and shop.....only about 1.75 weeks left for that Christmas and Holiday shopping.
     
  3. WXYZ

    WXYZ Well-Known Member

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    The DISMAL close today. At least we now get a break for the next couple of days.

    S&P 500 retreats from record Friday, closes down for week as investors rush out of AI trade

    https://www.cnbc.com/2025/12/11/stock-market-today-live-updates.html

    “The same things don’t outperform in markets month after month after month for forever, so this is normal,” Ellerbroek also said. “It’s to be expected, but it is unwarranted.”
     
  4. WXYZ

    WXYZ Well-Known Member

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    I did get a bit of good news today. I have had a pending legal claim for about 3 years now. I got a call from my attorney and it settled for $30,000. SO...I will see about $18,000 after everything is paid for. GREAT....since I was expecting to perhaps clear about $8000.

    It will take about 30 days to see the money....but my plan....put about $7000 into the SP500 Index.....put about $8000 into 2X LEVERAGE ETF's for NVDA and PLTR for the long term (A WILD and CRAZY gamble with found money).

    Hold back $3000 for my new tires and vet expenses that we have had recently for the dogs and horses......and for future vet costs that we might have over the next 2-4 months.
     
  5. WXYZ

    WXYZ Well-Known Member

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    I love it when money UNEXPECTEDLY falls from the sky.....and lands in your lap.
     
  6. WXYZ

    WXYZ Well-Known Member

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    DUH.......and i am severely doubting the....."YET"....in this headline.

    The stock market’s ‘Santa Claus rally’ hasn’t come to town yet — despite what you’re hearing
    Odds of a rally before Christmas are no better than at any other time of year — and maybe even worse

    https://www.marketwatch.com/story/t...own-so-ignore-the-caroling-c76d847e?st=JM1RH1

    ".....the Dow’s average trailing five-day return is actually negative during the middle of December. We’re just entering this middle-of-the-month period, which means that the seasonal odds point to a down market until just before Christmas. (Don’t blame Santa.)"
     
  7. WXYZ

    WXYZ Well-Known Member

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    This should be a BIG ONE. BUT expectations have a way of just fizzling in the markets when reality hits.

    SpaceX sets $800 billion valuation, confirms 2026 IPO plans

    https://finance.yahoo.com/news/spacex-sets-800-billion-valuation-014652886.html

    "SpaceX is moving ahead with plans for an IPO that would seek to raise significantly more than $30 billion in a transaction that would make it the biggest listing of all time."
     
  8. WXYZ

    WXYZ Well-Known Member

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