The Long Term Investor

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

  1. WXYZ

    WXYZ Well-Known Member

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    YEP.....keep the mood up RG. Sooner or later we will break out and there will be a lot of pent up positive company news that will drive a nice big rally.
     
  2. WXYZ

    WXYZ Well-Known Member

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    For any that are DISCOURAGED.....at this time last year.....April 1......I was DOWN by (-10.4%). In comparison this year is looking pretty good right now....although I might be back down there by about April 1.

    BUT....on the other hand look at how we ended the year last year in spite of the early year LOSSES.

    I am STILL out there....waiting to once again.....RIDE THE WAVE.
     
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  3. Smokie

    Smokie Well-Known Member

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    So, for the SP 500 at the moment. Drawdown from the ATH.

    S&P 500 Drawdown Metrics
    Last Closing Price 6506.48
    All Time High 7002.28
    Lowest Price Since All Time High 6473.52
    Drawdown At Lowest Price Since All Time High -7.55%
    Gain From Lowest Price 0.51%
    Gain Required to Reach All Time High From Current Price 7.62%
    Gain Required to Reach All Time High From Lowest Price 8.17%
     
  4. Smokie

    Smokie Well-Known Member

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    Yeah, I certainly would not be surprised by it.
     
  5. WXYZ

    WXYZ Well-Known Member

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  6. WXYZ

    WXYZ Well-Known Member

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    I like this little article.

    Why “War Winner” Trades Are Off Base
    Investing is about knowing what others don’t.

    https://www.fisherinvestments.com/e...commentary/why-war-winner-trades-are-off-base

    "Overall, making big moves based on widely known and unpredictable information is likely to prove a mistake. In our view, markets reward discipline and patience—not blindly or emotionally trying to time portfolio moves."
     
  7. WXYZ

    WXYZ Well-Known Member

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  8. WXYZ

    WXYZ Well-Known Member

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  9. WXYZ

    WXYZ Well-Known Member

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  10. WXYZ

    WXYZ Well-Known Member

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  11. WXYZ

    WXYZ Well-Known Member

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    Sounds good to me.

    BlackRock's Fink warns AI boom could widen wealth divide without broader participation

    https://finance.yahoo.com/sectors/t...ackrock-ceo-fink-backs-staying-115903674.html

    "The massive wealth created over the past several generations flowed mostly to people who already owned financial assets," Fink said in his annual letter to shareholders. "Now AI threatens to repeat that pattern at an even larger scale."

    "Although more individuals have entered markets in recent years, participation is still modest, particularly in equities and other traditional assets linked to wealth creation."
     
  12. WXYZ

    WXYZ Well-Known Member

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    I am not going to post any of the articles.....but.....the FED ASSES are out there today fear mongering inflation. RIDICULOUS.
     
  13. WXYZ

    WXYZ Well-Known Member

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    I have to leave soon for my wife's follow up stent appointment. she is doing just fine....ZERO concerns or symptoms. Amazing technology.....what can be done in the current Cath-Labs.
     
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  14. Smokie

    Smokie Well-Known Member

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    Well, it appears I am a day late and a dollar short, as the saying goes. :D My little stash of deployment cash was all ready this week...LOL.

    You just never know when something may change direction.
     
  15. Smokie

    Smokie Well-Known Member

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    Nice little article discussing some of the current environment and some in the past. A couple of other good lines from it. We could apply these to just about any event....past or present.

    “The most destabilizing risks are the ones people aren’t talking about.”

    “The thing I really want to emphasize is that nobody knows.”

    "Erratic market behavior in response to a flurry of conflicting headlines is not new."

    “The first draft of history is typically emotional, rarely accurate, and often conflicted.”
     
  16. WXYZ

    WXYZ Well-Known Member

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    I dont want to focus too much on the short term today....but....what we are suddenly seeing out of the blue today is why...... when I have money available....I simply put it....all in all at once. I NEVER try to time the markets.

    I trust the academic research that tells me putting that money into the markets WILL provide thee best return over the long term.
     
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  17. Smokie

    Smokie Well-Known Member

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    As mentioned, looks like the markets liked the "news" of a possible resolution. Time will tell. Way too much can change at any given time with this one.
     
  18. Smokie

    Smokie Well-Known Member

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    Yes, I thought I would put my little extra stash in this week and BOOM. :cool:

    My regular contributions have been going in steady, so at least there is that. No changes with it.
     
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  19. Smokie

    Smokie Well-Known Member

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  20. Smokie

    Smokie Well-Known Member

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