I don't want to jinx myself but there was some talk about marking timing. I seriously tell people I know how to find the the market bottom, It's whenever I need to cash out stock. I bought a house at the bottom in Sept 2022 and had to cash out some for taxes in April of 2025. Maybe not the exact bottom but close enough to hurt! Now I got one back. I invested my wife's inheritance on april 23rd this year. Within days she made more than the entire amount did sitting in a CD for the previous year. (high interest cd was a good call for her because she is pretty risk adverse). Well in the last 3 months she has only been in the red the first day I invested where she close at $200 below her investment. She is now sitting at a 36% return. I'd rather be lucky than good. In my opinion I didn't know if the bottom was in yet but given the pullback and the current atmosphere I felt that we were close enough. Now if I could just do that for myself!
Perhaps you should have your wife join us on this board TireSmoke......36% in only 3 months....she is an investing GENIUS. NOW...we know who is the real brains behind the big numbers you put up on here. BUT....as one husband to another....dont show her this message.
I had another small gain today thanks to PLTR and NVDA. BUT....I got beat by the SP500 by 0.27%. Good enough....I will take it and move on.
HERE is my earnings list: GOOGL.........July 23 MSFT............July 30 AAPL............July 31 PLTR.............August 4 AMZN...........August 7 HD................August 19 WMT.............August 21 NVDA...........August 27 COST............September 25
AS USUAL: SO....here is my current portfolio of....NINE....stocks. The UPDATED Portfolio Model.......NOT as investment advice.....just as a disclosure of my personal BIAS and my thinking on how to structure a long term portfolio. "I am once again posting my PORTFOLIO MODEL. My initial criteria to start the process to consider a business are.......BIG CAP, AMERICAN, DIVIDEND PAYING, GREAT MANAGEMENT, ICONIC PRODUCT, WORLD WIDE LEADER IN THEIR FIELD, LONG TERM HORIZON, etc, etc, etc. PORTFOLIO MODEL "Here is my "PORTFOLIO MODEL" for all accounts managed which is the basis for MUCH of my discussion in this thread. I am re-posting this since I often talk in this thread about my portfolio model. My custom in the past on this sort of thread was to re-post my portfolio model every once in a while since I will tend to talk about it once in a while. I "manage" six portfolios for various family including a trust. ALL are set up in this fashion. If I was starting this portfolio today, lets say with $200,000. I would put half the money into the stock side of the portfolio, with an equal amount going into each stock. The other half of the money would go into the fund side of the portfolio, with an equal amount going into each fund. As is my long time custom, I would than let the portfolio run as it wished with NO re-balancing, in other words, I would let the winners run. Over the LONG TERM of investing in this style (at least in my actual portfolios), the stock side seems to reach and settle in at about 70% of the total portfolio and the fund side at about 30% of the total portfolio over time. That is a GOOD THING since it tells me that my stock picks are generally beating the funds over the longer term. AND....since the funds in the account generally meet or beat the SP500, that is a VERY good thing. As mentioned in a post in this thread, I include the funds in the portfolio as a counter-balance to my investing BIAS and stock picking BIAS and to add a top active management fund that often beats the SP500 (Fidelity Contra Fund) and a SP500 Index Fund to get broad exposure to the best 500 companies in AMERICAN business and economy. The funds also give me broad diversification as a counter-balance to my very concentrated 9 stock portfolio.At the same time the funds double and triple up on my individual stock holdings............that I consider the BEST individual businesses in the WORLD. STOCKS: Alphabet Inc Amazon Apple Costco Home Depot Microsoft Nvidia Palantir WMT (junior position) MUTUAL FUNDS: SP500 Index Fund Fidelity Contra Fund CAUTION: This is a moderate aggressive to aggressive portfolio on the stock side with the small concentration of stocks and the mix of stocks that I hold and with the concentration of big name tech stocks. Especially for my age group. (74). So for anyone considering this sort of portfolio, be careful and consider your risk tolerance and where you are in your life and financial needs. I am able to do this sort of portfolio since my stock market account is NOT needed for my retirement income AND I have a fairly HIGH RISK TOLERANCE. In addition I am a fully invested, all the time, LONG TERM investor. (LONG TERM meaning many years, 5, 10, 20, years or more)" MY COMMENT This portfolio is HIGHLY CONCENTRATED on the big cap side of things. OBVIOUSLY between the funds and my nine stock holdings there is MUCH doubling and tripling up on the stocks. THAT is INTENTIONAL. I strongly subscribe to the view of Buffett and some others that TOO MUCH diversification kills returns. I do NOT believe in the current diversification FAD that most people seem to now follow.......or think they are following. I DO NOT do bonds and think the current level of bonds held by younger investors.....those under age 50.....is extremely foolish.I DO NOT do market timing or Technical Analysis."
