The Long Term Investor

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

  1. WXYZ

    WXYZ Well-Known Member

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    I have seen a lot of these articles attacking passive....INDEX....investing lately. Plus this one attacks the AI investing boom. Certainly not my cup of tea....but......here you go. It would be interesting if EVERY financial writer had to attach a copy of their holdings, trading history, and investment returns to every article. It would be HUGE EYEOPENER....no doubt.

    Opinion: This is the dumbest stock market in history
    Wisdom of crowds, indeed

    https://www.marketwatch.com/story/this-is-the-dumbest-stock-market-in-history-815aaa05?st=sd4CLw
     
  2. WXYZ

    WXYZ Well-Known Member

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  3. WXYZ

    WXYZ Well-Known Member

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    I am interested in the market movement of GOLD and SILVER....even though I do not consider them an actual investment. I consider this"stuff" about the same as...bitcoin. If you are tempted....my view is that a holding of about 1% to 3%....of your total investments is about right.....for those that want to own some. AND....my opinion is that at these high prices there is.....SIGNIFICANT RISK.

    Silver Roars Higher as Short Squeeze Rocks the London Market

    https://finance.yahoo.com/news/silver-roars-higher-short-squeeze-033036942.html
     
  4. WXYZ

    WXYZ Well-Known Member

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    The.....wild and crazy....markets so far today. I have some doubt that the early gains can hold for the day....but I hope so. Simply an event driven RELIEF RALLY at the open....about as rational as the drop on Friday. Neither event is significant beyond the very short term.

    Stock market today: Dow, S&P 500, Nasdaq stage comeback as Trump tempers tariff talk toward China

    https://finance.yahoo.com/news/live...mpers-tariff-talk-toward-china-231010620.html
     
  5. WXYZ

    WXYZ Well-Known Member

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    Looks like JP MORGAN is jumping on the....USA, USA,......bandwagon. Next thing they will be sounding like PLTR executives. DIMON is so full of BS....not that this is a bad thing for them to invest in. I hate how the media fawns over him and hangs on every word. He is actually WRONG in his market predictions much of the time.....all he really cares about is publicity and creating advantages for....JPMorgan. Of course that is his job.....so i would take anything he says with a LARGE grain of salt.

    JPMorgan Chase says it will invest $10 billion into industries critical for national security

    https://www.cnbc.com/2025/10/13/jpmorgan-chase-to-invest-10-billion-into-key-industries-.html
     
  6. WXYZ

    WXYZ Well-Known Member

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    The key phrase here being....."long term". Bad news for those that are trying to....strike it rich. There is a HUGE amount of delusional thinking among younger people....especially males. Financial success is like success in anything....hard work and lots of effort. Discipline and focus.

    Wealth requires long-term effort, says ‘The Art of Spending Money’ author: Getting rich quickly won’t cut it

    https://www.cnbc.com/2025/10/11/morgan-housel-wealth-requires-long-term-effort.html
     
  7. WXYZ

    WXYZ Well-Known Member

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    I am starting the day very nicely with my eight stocks. I have a single stock down right now....guess which one....COSTCO. They continue to be stuck in a trading range well below their 52 week high.

    They would be a pretty good trading vehicle.......except the stock is way too high...to use for short term trading on the constant up and down action.

    Guess what they need to do to get out of this....SPLIT THE STOCK......somewhere between 5 for one and 10 for one. Their stock price is simply WAY TOO HIGH for a retail company.....even if it is justified.
     
  8. WXYZ

    WXYZ Well-Known Member

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    I dont know if it is due to the government shut-down....but these no-news market days are wonderful. There has been a huge drop in all the focus on fear-mongering, the FED, the corrupt and distorted government data, etc, etc. ALL the topics that really nave NOTHING to do with investing. LOVE IT.
     

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