The Long Term Investor

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

  1. WXYZ

    WXYZ Well-Known Member

    Joined:
    Oct 2, 2018
    Messages:
    19,168
    Likes Received:
    6,166
    As to the above.....and many other stocks.....there are certainly some great sale prices out there right now on many stocks. Of course the near tern momentum is DOWN.....and....DIRTY.

    We are in a very NASTY and NEGATIVE market and correction.....and it is very difficult to invest money into such a market and see it go down. In the end it is a question of...first, having some money to invest......second, GUTS....third, being and seeing the long term picture.....and....forth, are you are trying minutely to time the markets.
     
  2. WXYZ

    WXYZ Well-Known Member

    Joined:
    Oct 2, 2018
    Messages:
    19,168
    Likes Received:
    6,166
    I am not being negative...just realistic...but...I dont see much of anything that is going to quickly change the current market direction. NVDA earnings will not pull the market up....perhaps for a day. But once again they will be WASTED.

    My "GUESS"..... we are probably into a multi-month correction lasting into March and perhaps April. it is conceivable that the entire first half of the year will be a...... WASTELAND....perhaps even the entire year. I am not saying that this would be RATIONAL.....but I see nothing rational going on over the past couple of months.

    As an added bonus.....throw in the fall elections and all the politics that will happen between now and the fall......and....the political benefit of a poor market and economy...for the out of power party. In my view we have been seeing the impact of negative politics and trash talking the economy...... impacting the markets and the economy since the first of the year. (just an observation....nothing can or should be done about it one way or another....as an investor)
     
    roadtonowhere08 and Strathmore like this.
  3. bigbear0083

    bigbear0083 Active Member

    Joined:
    Dec 13, 2023
    Messages:
    228
    Likes Received:
    184
    i sure hope that day never comes anytime soon. it will be the death knell to this community as we know it. just my own personal 2c anyway.

    i'm sure i speak on behalf of all the regulars on this site (or what is left of it now anyway) that we are and have forever been grateful to have someone like you W keeping this community afloat with fresh content every single day. for this never ever goes unnoticed!

    i haven't been logged in here for quite sometime now, and i was just curious to see what has been new recently, and all i can see for the exception of ONE thread (besides this one) from the recently posted threads for the past week are nothing but spammer threads.

    screenshot below for proof:

    [​IMG]

    perfectly illustrating that w/o you updating this thread W, this site would be an absolute ghost town of a community, for the exception of the spammers spamming away in their threads.

    especially that site isn't growing anymore (or hasn't for nearly 2 years now!!) due to the admin who has been AWOL for nearly a full year now having closed off new user registrations.

    pretty unfortunate tbh, but we are still so ever thankful and grateful to have you still actively posting everyday W.

    thank you truly from the bottom of my heart for all you've done for the community over the many years. love ya man. you're the best there ever was and there ever will be! :)
     
  4. WXYZ

    WXYZ Well-Known Member

    Joined:
    Oct 2, 2018
    Messages:
    19,168
    Likes Received:
    6,166
    PROGRESS.....at the moment I now have FOUR stocks in the green......NVDA, PLTR, AAPL, and AMZN.
     
    Smokie likes this.
  5. TireSmoke

    TireSmoke Well-Known Member

    Joined:
    Aug 29, 2021
    Messages:
    397
    Likes Received:
    536
    Just sitting back and riding along. No plans to sell unless we get to some new all time highs. In that case I'll move a couple shares to accelerate some of my car projects.
     
    Smokie, WXYZ and roadtonowhere08 like this.
  6. roadtonowhere08

    roadtonowhere08 Well-Known Member

    Joined:
    Apr 13, 2020
    Messages:
    1,014
    Likes Received:
    914
    Amen to that!

    Amen to that as well!


    Nothing new to add. Just ignoring the nonsensical static and taking it one day at a time.
     
    bigbear0083, Smokie and WXYZ like this.
  7. roadtonowhere08

    roadtonowhere08 Well-Known Member

    Joined:
    Apr 13, 2020
    Messages:
    1,014
    Likes Received:
    914
    Man, NVDA has been BORING lately. All the good news and earnings? Nada.

    I swear, it really seems like sometimes the market wants to shake people out due to boredom, then (and only then) go for another leg up to the dismay of those same people.
     
    TireSmoke and WXYZ like this.
  8. WXYZ

    WXYZ Well-Known Member

    Joined:
    Oct 2, 2018
    Messages:
    19,168
    Likes Received:
    6,166
    I had a small....medium gain today....YEA. I also beat the SP500 by 0.53% today. Seems kind of weird to have a positive day.

    ONWARD and UPWARD.
     
  9. WXYZ

    WXYZ Well-Known Member

    Joined:
    Oct 2, 2018
    Messages:
    19,168
    Likes Received:
    6,166
    I will be gone for the entire day tomorrow after the first hour or two.
     
  10. WXYZ

    WXYZ Well-Known Member

    Joined:
    Oct 2, 2018
    Messages:
    19,168
    Likes Received:
    6,166
  11. WXYZ

    WXYZ Well-Known Member

    Joined:
    Oct 2, 2018
    Messages:
    19,168
    Likes Received:
    6,166
  12. WXYZ

    WXYZ Well-Known Member

    Joined:
    Oct 2, 2018
    Messages:
    19,168
    Likes Received:
    6,166
  13. WXYZ

    WXYZ Well-Known Member

    Joined:
    Oct 2, 2018
    Messages:
    19,168
    Likes Received:
    6,166
    Add in the impact of TARIFFS and continued inflation in the USA......and....just about EVERY headline fear-mongered over tthe past few years. AND....probably....AI disruption and all the other current AI BS.

    Some Things That Didn’t Happen

    https://awealthofcommonsense.com/2026/02/some-things-that-didnt-happen/

    "Let’s take a walk down financial memory lane and look at some of the worrying predictions of the past 15 years or so that didn’t come to pass."

    CONCLUSION:

    "There is no point in investing for the long haul if you do not think things will be better in the future than they are today. But you also have to recognize that bad things can and will happen along the way."

    MY COMMENT

    Long term actually means......long term.

     
  14. WXYZ

    WXYZ Well-Known Member

    Joined:
    Oct 2, 2018
    Messages:
    19,168
    Likes Received:
    6,166
  15. WXYZ

    WXYZ Well-Known Member

    Joined:
    Oct 2, 2018
    Messages:
    19,168
    Likes Received:
    6,166
  16. WXYZ

    WXYZ Well-Known Member

    Joined:
    Oct 2, 2018
    Messages:
    19,168
    Likes Received:
    6,166
  17. WXYZ

    WXYZ Well-Known Member

    Joined:
    Oct 2, 2018
    Messages:
    19,168
    Likes Received:
    6,166
  18. WXYZ

    WXYZ Well-Known Member

    Joined:
    Oct 2, 2018
    Messages:
    19,168
    Likes Received:
    6,166
  19. WXYZ

    WXYZ Well-Known Member

    Joined:
    Oct 2, 2018
    Messages:
    19,168
    Likes Received:
    6,166
    A nice GAIN for me to start the day. NOW......we have to avoid the mid morning and noon and late day.....FADE. I start with four stocks GREEN and three RED...at this moment.

    The RED......GOOGL, AAPL, and of course....COST.
     
  20. WXYZ

    WXYZ Well-Known Member

    Joined:
    Oct 2, 2018
    Messages:
    19,168
    Likes Received:
    6,166
    OK....I am out of here....I will be tied up elsewhere all day. See you after the close.
     

Share This Page