The Long Term Investor

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

  1. WXYZ

    WXYZ Well-Known Member

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    YES....they "apparently" do. But what choice do they have....if they have to fund their own retirement with a 401K. AND....plants love electrolytes.

    Young People Like Stocks

    https://awealthofcommonsense.com/2026/06/young-people-like-stocks/

    HERE....is the TRUTH that few realize today......until relatively recently very few people owned a stock or mutual fund. Probably pretty similar to what LORI is living with in England.

    ....."In the early-1950s just 4% of households owned stocks in any form. By the early-1980s it was just 19%. It wasn’t until the 1990s that things really took off in terms of the masses buying stocks.".....
     
  2. WXYZ

    WXYZ Well-Known Member

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  3. WXYZ

    WXYZ Well-Known Member

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  4. WXYZ

    WXYZ Well-Known Member

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  5. WXYZ

    WXYZ Well-Known Member

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    i will be so happy to get past the next couple of weeks.

    We are going to be INUNDATED with SpaceX and their IPO all week this week. AND...than next week the coverage will be CONSUMED with analysis of how the IPO went.
     
  6. WXYZ

    WXYZ Well-Known Member

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    It has been typical lately to have NO NEWS....during a typical investing day. TODAY......absolutely NOTHING going on at all. A total news vacuum.
     
  7. WXYZ

    WXYZ Well-Known Member

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    Sounds pretty SMART to me. AND.....NO they are NOT "hoarding" anything. It is THEIR money they earned it and they saved it.....they can do whatever they want. I find much of the thinking and opinions in this little article very strange.....but....what else is new.

    ‘The golden years are not golden’: Boomers are hoarding most of America’s wealth and power because they’re terrified of outliving their money

    https://finance.yahoo.com/economy/articles/golden-years-not-golden-boomers-113000201.html
     
  8. WXYZ

    WXYZ Well-Known Member

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    Let me whip out the worlds smallest violin. I actually see a lot of younger people...working hard and getting ahead...in the same way all generations have. BUT....the constant focus in the media is nothing but....WHINING. To continue the post above.

    A 23-Year-Old Living In Southern California Wants To Escape The High Cost Of Living, But Says, 'It Seems Like There Isn't Even Anywhere To Run'

    https://finance.yahoo.com/economy/articles/23-old-living-southern-california-190148747.html
     
  9. WXYZ

    WXYZ Well-Known Member

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  10. WXYZ

    WXYZ Well-Known Member

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    My stocks are looking pretty good in general today. Mostly GREEN. BUT....a couple are RED.....GOOGL and MSFT.
     
  11. Smokie

    Smokie Well-Known Member

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    Nice. One notable thing in that story is the amount of TAXES....to the government.

    We are taxed to the high heavens in every aspect. What do we get out of it? Continual unbalanced budgets, government shutdowns every year, a deficit that will never, ever be remotely within reason, and more taxes. Think about all of the "taxes" we encounter. It is amazing how much money the government gets and squanders. It is the equivalent to a modern Sheriff of Nottingham.

    All that said, the best you can do is invest in yourself with a good career and just keep on keeping on. They are going to get their slice no matter what you do.

    [​IMG]
     
  12. Smokie

    Smokie Well-Known Member

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    LOL. The financial media. I mean this is like going to a car lot stocked with new cars and asking a salesman if you should really buy a new car.

    What is he supposed to say? It would have been hilarious if he had replied "We are slowing down as expected and our investors should seriously consider taking some profit while they can." Sarcastically, of course.

    They would have broke the press and crashed the financial sites with that quote. The fact that they are reporting this as "news" is even more hilarious.
     
  13. TomB16

    TomB16 Well-Known Member

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    In the mid 90s, an extremely successful CMA told me that businesses are valued at 3~4x their annual profit.

    Imagine that metric today. SpaceX has never turned a profit and the market might value it at a trillion dollars.

    I used to like companies because they produced wealth through work. That point of view is obsolete. Buying stock in most companies is wealth redistribution, every bit as much as trading Bitcoin.
     
    #29773 TomB16, Jun 8, 2026 at 12:05 PM
    Last edited: Jun 8, 2026 at 2:01 PM
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  14. WXYZ

    WXYZ Well-Known Member

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    ANOTHER....3 chart article. BUT....I do agree.

    3 charts that show markets haven’t hit peak FOMO yet

    https://finance.yahoo.com/markets/a...rkets-havent-hit-peak-fomo-yet-142710425.html

    ....."There is no doubt the market has entered a moment of adjustment. But this period could prove short-lived, as peak investor euphoria hasn't yet been reached.

    Moreover, corporate fundamentals — namely profits — remain solid and appear poised to stay this way for several more quarters at least."
     
  15. Smokie

    Smokie Well-Known Member

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    There are a lot of interesting details out there about some of this little venture. Investors really need to do their research on all of the details and structure.

    Not just this particular offering, but any company one might consider placing their money towards. I'm gonna file a hard pass on this one, but that is just me.
     
  16. TireSmoke

    TireSmoke Well-Known Member

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    I agree I am going to sit the SpaceX IPO out. My idea right now would be let the dust settle and maybe add some in my HSA and buy up a tiny amount each month.
     
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  17. WXYZ

    WXYZ Well-Known Member

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    WELL....today kind of FIZZLED after I quit watching this morning. I ended the day with only 3 GREEN stocks....NVDA, COST, and PLTR. I had a small gain in my stocks today. AND...they got beat by the SP500 by...0.13%.

    I did not have much expectation for today anyway...after last Friday. Moving on from here....at least it was a POSITIVE day.
     
  18. blake caballero

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    I often wonder about this and if/when it eventually just becomes basically a pyramid scheme. With few options for the average person, and pensions disappearing, at what point is "just put you head down and keep sending DCA money into the plan" going to make everything overvalued? What is there to balance that out?
     
  19. WXYZ

    WXYZ Well-Known Member

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  20. blake caballero

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    Taxes go up, but hardly ever do the deductions/write offs. I love the property tax scam, values have went up for many reasons, inflation included, YET the homestead exemption has never budged and I don't even think the average person in society realizes these things. All things like this should be tied to inflation, otherwise over times its a tax increase year after year.
     
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