The Long Term Investor

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

  1. WXYZ

    WXYZ Well-Known Member

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    Hey Strathmore. I like SpaceX and Starlink in general. But I really dont know a lot about them other than media "stuff". As private companies they are very opaque.
     
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  2. WXYZ

    WXYZ Well-Known Member

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    As to gold and indirectly silver.......SHOCKING.

    "This is, in my opinion, the most interesting chart in all of finance. This shows the return from gold versus the total return of the S&P 500 since 1/1/2000. As you can see, gold’s return has exceeded that of stocks by almost 3 to 1; it isn’t even close. If you had bought gold at the turn of the century, at no point over the next 25 years would you have been better off having bought the S&P 500 instead. "

    Maybe We Need Our Golden Fetters

    https://alhambrapartners.com/weekly-market-pulse-maybe-we-need-our-golden-fetters/?src=news
     
  3. WXYZ

    WXYZ Well-Known Member

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  4. WXYZ

    WXYZ Well-Known Member

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    LOL...poor FED. Just a JOKE.

    I just got done with one major financial site. AND....not a single article about the FED meeting today. Thank goodness. They are IRRELEVANT.....since everyone knows POWELL is not going to do anything for the rest of his term.

    BUT....many, many articles on.....GOLD.
     
  5. WXYZ

    WXYZ Well-Known Member

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    EARNINGS.....mostly ignored but good. UPS, BOEING, GM, BIG TECH....starts tomorrow.
     
  6. WXYZ

    WXYZ Well-Known Member

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    That is about it........pre-market open.
     
  7. oldmanram

    oldmanram Well-Known Member

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    WXYZ,
    For the most part , NEWS outlets just churn over the same stories all day long, over and over again. In reality you can get 99% of the news you need in just 15 minutes. And that's why I'm here, because the vetting has already been done by WXYZ , Thank You very much

    As I'm getting older everybody seems to be talking about rotating from growth stocks to income , fair enough, for the most part when we retire we are more interested in income than growth. I'm thinking of opening another account just for income stocks/ETF's . I could then follow the characteristics of certain types of income stocks more easily. Plus I think I could set up an auto withdrawal feature to fund the WIFE's checking account monthly. I was thinking of starting all the different income positions with the same opening value, and watch how each reacts over time. Maybe include some covered call positions as well ???
    Your thought's ???


    Stocks Killing it this morning........
    MU micron
    AAPL
    GOOGL
    AMZN
     
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  8. WXYZ

    WXYZ Well-Known Member

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    Seems like a good strategy to explore....oldmanram. Probably relevant to most people in retirement. I am a rare person that has divorced my retirement from my stocks....with my income annuities.

    if i was doing that strategy I would probably focus on a portfolio of 10-20 stocks like.....PG, WMT, KO, COST, JPM, XOM, JNJ, MCD. I would focus on the cream of the crop of the big cap dividend companies.

    Or I might consider a strategy of an....equal weight SP500 fund.

    I guess my primary question is what do you consider......"income stocks"?

    AND....with much of your income coming from real estate holdings.....you have freedom to try out some stock strategies.

    Did you go to the Hawk game?
     
  9. WXYZ

    WXYZ Well-Known Member

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  10. WXYZ

    WXYZ Well-Known Member

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    All in all....NOTHING...going on today in terms of the markets and investing. Fine with me.....it is called "normal".
     
  11. oldmanram

    oldmanram Well-Known Member

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    Didn't make it to the game, BUT , I had a heck of a fun time watching from home and bothering my neighbors !!!
    I hooked up a Triple Marine Air Horn to my compressor in my shop. And set off a barrage of honks with every score.
    I had to turn it down to 1/3 power , it was just too darn loud !!!

    And as far as loading the account , I thought I try comparing all sorts of different INCOME stocks etf's , I have noticed that I get a better FEEL for a position if I actually own it and check on it daily , than if I am just Following something
     

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