The Long Term Investor

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

  1. WXYZ

    WXYZ Well-Known Member

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    I ended the dy and the week with a nice....medium gain....compliments of only 3 stocks...HD, PLTR, and AMZN. I also beat the SP500 today by....0.38%.

    ONWARD AND UPWARD.....into the new month and only TWO months till year end.
     
  2. WXYZ

    WXYZ Well-Known Member

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    And a KILLER week for me. This week my entire portfolio ended the week year to date.....+31.68%. Last week on Friday my entire portfolio was YTD....+25.92%.

    NICE.
     
  3. WXYZ

    WXYZ Well-Known Member

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    HAVE A GREAT WEEKEND EVERYONE.
     
  4. WXYZ

    WXYZ Well-Known Member

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    LORI....RG....anyone else outside the USA.

    With your pensions and the culture in your country of conservative saving....how did you get started with stocks and funds? Reading, some mentor, your parents, a friend? Or did you happen to find this thread?

    What you are doing with your investing is obviously very unusual for where you live...so how did you do it and why?

    How did you find Stockaholics? Did it take you a long time to get over the risk and decide to....just do it? Do you know anyone else in real life that reads this site?
     
  5. WXYZ

    WXYZ Well-Known Member

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    This is pretty much it for me. Of course I have set up my finances where I dont need to live off my stock money.

    Should You Just Buy Stocks Until You Die?
    Stocks are never a sure thing, especially when everybody seems to think they are

    https://www.wsj.com/finance/investing/should-you-just-buy-stocks-until-you-die-a22b3d7b?st=W6iw5t

    This is interesting.....the conclusion:

    ".....an inescapable but often overlooked fact: Stocks are likely to be the best-performing asset, but even a high likelihood isn’t the same thing as certainty. The odds are in your favor, but you will need luck on your side. We all will."

    MY COMMENT

    Of course with how I invest in BIG CAP.....I do NOT agree with the big allocation in International holding mentioned in this little article.
     
  6. WXYZ

    WXYZ Well-Known Member

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    How we ended the month and the week....a weekly WIN....a monthly WIN.....and a HUGE WIN for the major averages with all of them positive and the NASDAQ UP over 4%....for the second month in a row.

    Stock market today: Dow, S&P 500, Nasdaq climb to cap winning month as strong earnings, easing rates fuel Amazon, tech stocks

    https://finance.yahoo.com/news/live...-rates-fuel-amazon-tech-stocks-200208645.html

    EVERYONE....mark your great feelings right now...in your brain.

    AND....some day when we are in the middle of a relentless BEAR MARKET and all hope is lost...take heart in the memories of this time period....and the recognition that it will happen again. You just have to believe and let the power of long term investing, time, and compounding do the heavy lifting. AND....go out there and win one for good old...WXYZ. (sorry Gipper)

    This Day In History: Win One For The Gipper

    https://125.nd.edu/moments/this-day-in-history-win-one-for-the-gipper/

    Here is the plaque that hangs in the Notre Dame locker room.

    [​IMG]
     
  7. WXYZ

    WXYZ Well-Known Member

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