The Long Term Investor

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

  1. WXYZ

    WXYZ Well-Known Member

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    Just copy the post from SMOKIE above with the SP5000 results........and when you are "feeling" the pain.....read it......and imagine missing out on those gains.
     
  2. WXYZ

    WXYZ Well-Known Member

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    YEA......I have improved for the day. I now have one.....yes one....stock in the green so far today. Good old COST.
     
  3. WXYZ

    WXYZ Well-Known Member

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    OK....my loss improved nicely by the close. BUT....still red in all my stocks except for....COST. A small.....big loss for me today. Also got beat by the SP500 by....0.42%.

    LETS GET BACK TO GREEN TOMORROW.
     
  4. WXYZ

    WXYZ Well-Known Member

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  5. WXYZ

    WXYZ Well-Known Member

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  6. Lori Myers

    Lori Myers Active Member

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    I finished the year on +16.6%, so I have nothing to grumble about.

    My comment on the flat few months we have seen was more an observation than a complaint :)
     
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  7. Lori Myers

    Lori Myers Active Member

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    Anyone see Elon's comments this week regarding saving for retirement?

    I quote...

    "Don't worry about squirreling money away for retirement in 10 or 20 years. It won't matter."

    Elon is predicting a "universal you-can-have-anything-you-want income." All fuelled by robotics and A.I

    I mean, he's not often wrong.
     
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  8. Smokie

    Smokie Well-Known Member

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    Let me say....don't take my comment as an affront to you Lori....I am certainly not directing it at you.

    The quoted comment above by him, is quite possibly one of the dumbest ideas I have heard in quite some time. Maybe he is just trolling, maybe he is an idiot when it comes to being able to relate to the average person, or a combination of the two.

    What really wouldn't surprise me is that there are probably some that will follow the advice and then wonder why what they were promised did not occur. Although, the belief and thought that you can get something for nothing is very popular with folks. I want all of the reward and absolutely no risk and effort.

    Of course, when you hear the many conversations about anything AI....it is going to deliver us to the promised land. I don't think I have ever seen so much fervor for something so unproven in it's early stages. Not that it does not hold some value and potential, but people are simply wild about it's expectations at this point.
     
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  9. WXYZ

    WXYZ Well-Known Member

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    As to Elon......OK....if it happens great. BUT.....like all of human history....if you have "MORE" than government is going to give you....you will be way better off than the average person dependent on the government money to live on.

    Everyone might be rich...but just "being rich" will not mean anything. If you want to live better...you better have more than the average......rich.....person. You can bet even if this happens....there will still be a very stratified society and those with more will live a much better life as will their family.

    AND......NO....I dont think there is "ANY" chance of this happening. KEEP INVESTING.
     
    #27669 WXYZ, Jan 15, 2026 at 10:35 AM
    Last edited: Jan 15, 2026 at 11:13 AM
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  10. WXYZ

    WXYZ Well-Known Member

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    I know you were just making an observation LORI......and I agree with the observation. AND....+16.6% in one year.....AMAZING.

    You are the perfect example of success in this thread. A younger person that started investing as a new investor just a few years ago....in a culture where people do not normally invest (England).....that is creating a golden future for your family and your daughter. WELL DONE....as usual.

    LORI....I am so glad you are a poster here. Just seeing what you have done.....makes this thread worth the effort.

    I LOVE....to see successful new and younger investors on this thread. it gives us older longer term investors.....RENEWED HOPE.
     
    #27670 WXYZ, Jan 15, 2026 at 10:39 AM
    Last edited: Jan 15, 2026 at 11:12 AM
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  11. WXYZ

    WXYZ Well-Known Member

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    WOW.....Gen X.....is close to retirement.....where does time go. Next it will be the early Millennials in about 15 years.

    Here's What Gen X Should Know About Retirement
    The oldest members of Generation X will turn 61 in 2026.

    https://money.usnews.com/money/retirement/articles/heres-what-gen-x-should-know-about-retirement

    The article covers:

    "......what Gen X should know about retirement:

    • Budgeting is still important.
    • Retirement funds can be tapped at age 59 1/2.
    • Super catch-up contributions are allowed from ages 60 to 63.
    • Taxes can go up in retirement.
    • Social Security can begin at age 62, which is next year for some Gen Xers.
    • Medicare won’t cover all health care costs.
    • Investment strategies may need to evolve.
    • Estate plans are a priority."
     
  12. WXYZ

    WXYZ Well-Known Member

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  13. WXYZ

    WXYZ Well-Known Member

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  14. WXYZ

    WXYZ Well-Known Member

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    Here is a little article on the lingering market of the past months. Actually what is discussed here is the NORMAL market in action. Gains come in spurts and dribs and drabs. It is never a continuous straight line. This is why I am fully invested all the time...because the big gains come out of nowhere in explosive fashion. To capture those big compounding gains I have to be in the market.

    Stock Market’s Calm Belies Extreme Swings in Individual Shares

    https://finance.yahoo.com/news/stock-market-calm-belies-extreme-103000045.html
     
  15. WXYZ

    WXYZ Well-Known Member

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    This is just RIDICULOUS......SHUT UP and go away. I notice that the FED is out in force today in the media. Obviously a planned PR move and nothing but fear-mongering.

    IGNORE it all.....nothing is going to happen to the FED.....and no one cares about the FED at this point anyway. As if the FED is somehow heroically holding back inflation.....they actually sat mute as it was created and did nothing.

    Fed’s Goolsbee says inflation could come ‘roaring back’ if central bank independence goes away

    https://www.cnbc.com/2026/01/15/fed...k-if-central-bank-independence-goes-away.html
     
  16. WXYZ

    WXYZ Well-Known Member

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  17. WXYZ

    WXYZ Well-Known Member

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  18. WXYZ

    WXYZ Well-Known Member

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    I stand with a single red stock mid-morning.....GOOGL.

    As usual the vast majority of financial news today is simply.....politics, BS opinion masquerading as news, short term trader talk, etc, etc, etc. Little to no.....actual investing content.

    What I have posted above is the totality of what I consider relevant today....so far.

    We are now done with the CPI and PPI and the majority of earnings news for the week. We CRUISE ON from here.
     
    #27678 WXYZ, Jan 15, 2026 at 11:05 AM
    Last edited: Jan 15, 2026 at 11:15 AM
  19. Strathmore

    Strathmore Member

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    Hi RG, if I remember well, you are using IBKR IE, the same as me. I'm trying to figure out if the portfolio performance is shown in our base currency ie. adjusted to EUR/USD rate or it's calculated by using just realized/unrealized profit or loss in USD
     
    #27679 Strathmore, Jan 15, 2026 at 11:05 AM
    Last edited: Jan 15, 2026 at 11:39 AM
  20. WXYZ

    WXYZ Well-Known Member

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    Good question Strathmore.....RG or anyone?
     

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