The Long Term Investor

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

  1. WXYZ

    WXYZ Well-Known Member

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    WELL....we are now GREEN in both the SP500 and the NASDAQ. The DOW.....who cares.

    I see NOTHING more of any interest today. So....time to sit and wait for my Irrigation guy to get here to do the annual tune-up of my irrigation system.
     
  2. WXYZ

    WXYZ Well-Known Member

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    I think I have had a gain for the past three days in a row.

    Today I ended the day with my stocks having a nice small gain....thanks to NVDA, GOOGL, and PLTR. I also beat the SP500 today by...0.29%.
     
  3. rg7803

    rg7803 Well-Known Member

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    Hi Lori!
    Next time try Madeira Island.
    Great weather, lovely places and adorable Madeira wine!
     
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  4. WXYZ

    WXYZ Well-Known Member

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    Investing is a means to creating money and wealth.......but.....money is a life tool.

    "A safety net creates stability. Basic financial security reduces stress.
    But after “enough,” the question changes.
    It’s no longer: How much can I accumulate?
    It becomes: What is this for?"

    FINANCIAL WEALTH FUNDS LIFE WEALTH

    https://www.meaningfulmoney.life/post/financial-wealth-funds-life-wealth

    I am sure most people on here...even though life long investors.....do use those funds at times to enhance and further their lifestyle. I do.

    It is all about BALANCE.
     
  5. WXYZ

    WXYZ Well-Known Member

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  6. WXYZ

    WXYZ Well-Known Member

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  7. WXYZ

    WXYZ Well-Known Member

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  8. WXYZ

    WXYZ Well-Known Member

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  9. WXYZ

    WXYZ Well-Known Member

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  10. WXYZ

    WXYZ Well-Known Member

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    At least I have.....ONE....green stock today. PLTR.

    NOTHING we can do but sit and wait out the current.....mini-black-swan.....the situation in Iran.

    The life of a long term investor.......hurry up and wait......sit and wait......do nothing as you wait. BORING.....but....NECESSARY.
     
  11. WXYZ

    WXYZ Well-Known Member

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    A MASSIVE improvement for me in my stocks. I have now DOUBLED my green stocks.....from one to two. PLTR and COST.

    Two out of seven....not bad on a day like today.
     
  12. roadtonowhere08

    roadtonowhere08 Well-Known Member

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    Oh boy, I bet I know why they are up! :D
     
  13. roadtonowhere08

    roadtonowhere08 Well-Known Member

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    Is it sad I read that in his voice? :eek:
     
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  14. WXYZ

    WXYZ Well-Known Member

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    I had a big....medium loss today in my stocks. I was sved some losses by the green in PLTR and COST. In the end I beat the SP500 today by...0.54%.

    TGIF.....tomorrow.
     
  15. WXYZ

    WXYZ Well-Known Member

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  16. WXYZ

    WXYZ Well-Known Member

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  17. WXYZ

    WXYZ Well-Known Member

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    I like this little article.

    Investors Hunt for Hedges as War Shatters Decades-Old Strategies

    https://finance.yahoo.com/news/investors-hunt-hedges-war-shatters-230000716.html

    MY VIEW

    The odds of any sort of STAGFLATION is....ZERO. Totally different situation now compared to the real era of stagflation....the late 1970's and early 1980's. There is ZERO inflation now compared to than....and we have a BOOMING business environment....even if the media is obsessed with oil right now.

    My....."coping strategy"......same as my usual strategy....but the BEST, AMERICAN, BIG CAP GROWTH, DOMINANT, companies that are the CREAM OF THE CROP in the entire business universe.
     
  18. WXYZ

    WXYZ Well-Known Member

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    And yes.....we are now at new LOWS....something that I consider a HUGE POSITIVE...looking forward. I see investors and everyday people not paying....as much...... attention to oil. The little war in the background is now becoming normalized. I would not be surprised if we are at or near a bottom. BUT....the markets will continued to get jerked around by oil based events.

    Dow, S&P 500, Nasdaq futures climb after stocks sink to lowest levels since November

    https://finance.yahoo.com/news/live...o-lowest-levels-since-november-225332094.html
     
  19. Lori Myers

    Lori Myers Active Member

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    Hey rg, I have looked at Madeira Island - It looks lovely! Hopefully I make it there some day.
     
  20. Smokie

    Smokie Well-Known Member

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    No, it is actually funny. You know, some probably think I am being political with those jabs, but actually I just find his quirky sayings and speech hilarious at times.

    Many former presidents all had some form of oddity, whether it was their speeches, interaction with others, and so on. For example, one that always caught heat/jabs from the media about speaking was Bush #43. I think they called them "Bushisms" since they became so common. They were quite funny. Bush took it in stride and actually had a bit of fun with it himself after awhile, which frustrated the media greatly. He had the ability to kind of laugh at himself and quite crafty about it at times.

    Reagan always had some famous comeback zingers too. Clinton had the gift of just being able to talk about literally any subject for great lengths of time. Other presidents as well, but I don't want to get too off topic here.
     
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