OK.....TRADE DONE. In fact....I splurged and bought TWO.....YES.....TWO......shares of PLTR and two shares of NVDA. FIRE-SALE prices. My plan is to continue doing this each month as a monthly bill. I am doing my part to save the markets.....but....on a tiny scale. WTF.....after my big purchases above I did not see any impact on the stock price of either. Here I am trying to be a good guy and boost the markets by buying something......and the markets did not care......WOE IS ME.
I anticipate that when I am able to invest a good chunk of money later this year....hopefully about $15,000.....I will put it ALL in the SP500 Index. At this point I have plenty of single stock exposure with my nine stocks having grown to just over 70% of the total value of my portfolio.
I dont have a lot of TOLERANCE for short term market IDIOCY lately. SO.....for now that is it for me. It is a waste of time to watch anything to do with the markets today.
Of course I lied.....I have to point out a nice little unnoticed and ignored story today. 10-year Treasury yield backs up after hitting lowest level since December https://www.cnbc.com/2025/02/27/us-treasury-yields-investors-await-more-economic-data-.html The ten year yield is at......4.285%....right not. VERY GOOD.
Some posts back there was a bit about the different generations and retirement accounts. I briefly noted some of the studies about some of the statistics and how most folks are just staying steady at doing their own thing. I read another, I think by Fidelity recently, which showed their 401k millionaires hit another high in 2024 by jumping 27%. Contributions were up, saving was up, and looks like most just kept swinging. Of course, a nice market for the past couple of years has helped. Despite all of the noise, those with a plan continue to secure their financial futures. It is important to point out this did not occur overnight. It also occurred throughout other times that were not so pleasant. It is a journey filled with peaks and valleys. It always has been.
