The Long Term Investor

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

  1. WXYZ

    WXYZ Well-Known Member

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    Yeah....you are kicking it today. AND....wow....you are going to have some extra money after this year with those graduates. CONGRATULATIONS to your father.
     
  2. WXYZ

    WXYZ Well-Known Member

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    I had a medium....small gain today. A single...but important stock down....NVDA. I also lost out to the SP500 today by0.32%.

    First week of three year in the can.
     
    #27602 WXYZ, Jan 9, 2026 at 4:52 PM
    Last edited: Jan 10, 2026 at 12:04 AM
  3. WXYZ

    WXYZ Well-Known Member

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    Now the week that was.

    I ended the week with my entire portfolio at a year to date of........+0.73%. I am heading toward that first illusive number on the other side of the decimal point....."1".

    Last week I was at......nothing......it is the first week of the new year so nothing to compare.

    I missed the whole day again today. I have been running around a lot lately.
     
  4. WXYZ

    WXYZ Well-Known Member

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  5. WXYZ

    WXYZ Well-Known Member

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    For any that are at the start of their investing journey. Here is a very nice little article on long term investing. The MOST important step in the process.....taking that first step and doing it. Much of what you will see in this article is reflected over and over in this thread. YES.....it is that simple......JUST DO IT.

    10 Tips for Successful Long-Term Investing
    A guide to smart investing strategies that actually work

    https://www.investopedia.com/articles/00/082100.asp

    Topics include:

    1. Adopt a Long-Term Perspective
    2. Don't Chase a Hot Tip
    3. Don't Sweat the Small Stuff
    4. Look Beyond the Price-to-Earnings (P/E) Ratio
    5. Resist the Lure of Penny Stocks
    6. Pick a Strategy and Stick With It
    7. Focus on the Future
    8. Sell the Losers and Let the Winners Ride
    9. Be Open-Minded
    10. Keep Taxes in Mind, But Don't Obsess

    ALSO included here:

    What Is Long-Term Investing?
    What Is the Safest Investment With the Highest Return?
    What Are the Drawbacks of Long-Term Investing?
    The Bottom Line

     
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  6. Smokie

    Smokie Well-Known Member

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    Ouch! That game didn't last too long, at least from a competitive standpoint. I didn't have a "dog" in the hunt with either team but have enjoyed some of the games throughout the playoff.
     
  7. Smokie

    Smokie Well-Known Member

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    Well, 2025 is in the rearview mirror as we sail further and further away into the wild blue yonder. I haven't been able to follow along much lately, which is not too bad of a thing considering much of the noise.

    Of course, I did a quick cruise through the financial topics to catch up and realized it was once again a waste of time. I really don't know how people can consume so much of that or even news in general now days. Some of it is like those old tabloid magazines that used to be positioned near the grocery check-out lines back in the day. I am probably showing my age with that sentence, but that is what it reminds me of. Just complete nonsense.

    Anyway, all of my end of the year activities and reviews are complete. Now it is just time to navigate 2026. Not much to do. Just keep up with contributions and sail on.

    The next thing up for a lot of us will be tax season. Yes, I loathe that time period. Not so much the task of doing it, but the fact that our tax dollars are usually wasted in some fashion:suspicious:.
     
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  8. WXYZ

    WXYZ Well-Known Member

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    Yeah....that game was exactly what I was afraid of. That Indiana team is very special.

    It was a good College Football Playoff for me......initially. I had Texas Tech...one of my kids school....Oregon...one of my kids school and....Texas A&M...one of my granddaughter's school.....ALL...in the playoff. Although in the end even though I had a..... three in twelve.... shot at a good outcome....no luck.
     

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