The Long Term Investor

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

  1. WXYZ

    WXYZ Well-Known Member

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  2. WXYZ

    WXYZ Well-Known Member

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  3. WXYZ

    WXYZ Well-Known Member

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    Not that I care about how and why we are down today.....a single market day.

    With what is happening lately and how disconnected it is from fundamental business reality....I dont have much interest in the markets. I feel about like LORI.

    AND when the markets are in this sort of mode....it is no fun to torture yourself.....so just detach from it all and do your normal life.
     
    Lori Myers likes this.
  4. WXYZ

    WXYZ Well-Known Member

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    Fancy estate planing and tax manipulation. Not something I am interested in. it sounds so good on paper....but in the end it often ends with a big mess. I am a fan of planing and estate planing....but I am not a fan of the sophisticated plans that many of the ultra-rich try to use.

    Givers’ regret: What happens when wealthy parents try to claw back fortunes from their kids

    https://www.cnbc.com/2026/04/02/tax-changes-rich-parents-claw-back-kids.html
     
  5. WXYZ

    WXYZ Well-Known Member

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    YES.....the markets will be closed tomorrow for....Good Friday. So today is the last day of the week and anyone that is a short term trader is looking at having to hold what they own at the close today.....over a three day weekend.

    BUT....the good news at this moment.....the big averages have made a nice come-back today....but they are all still in the red.
     
  6. WXYZ

    WXYZ Well-Known Member

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    NICE....I think I ended at the high of the day today for my stocks. I had a large....small gain for the stocks. I also beat the SP500 by 0.57% today.

    I only had two stocks in the RED today.....AMZN and GOOGL.
     
  7. WXYZ

    WXYZ Well-Known Member

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    It is good to be done with the week on a high point in the markets for the day. it is also nice to end the....short....week, with a much lower year to date loss for my entire portfolio than last week. At the close today my year to date LOSS for my entire portfolio is......drum roll please......(-5.87%).
     
  8. WXYZ

    WXYZ Well-Known Member

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    HAVE A GREAT WEEKEND EVERYONE.....although it is only Thursday. We get a 3 day weekend from the markets which are closed tomorrow.
     
  9. WXYZ

    WXYZ Well-Known Member

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  10. WXYZ

    WXYZ Well-Known Member

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    Doing ANYTHING based on EMOTION in investing is never a good thing.

    Some Timeless Counsel After March’s Volatility
    Keep your goals in front of mind and fight the urge to react emotionally.

    https://www.fisherinvestments.com/e...some-timeless-counsel-after-marchs-volatility

    "The world is and never will be a perfect place. The key for investors is to focus on the fundamentals underpinning the market and not to react to the noise."
     
  11. WXYZ

    WXYZ Well-Known Member

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  12. WXYZ

    WXYZ Well-Known Member

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  13. WXYZ

    WXYZ Well-Known Member

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    Are "we" spoiled? Are "our" kids spoiled? No....not really. I have a very strong work ethic thanks to my family....and....that was passed on to my kids.

    Long-Term Money

    https://collabfund.com/blog/long-term-money/

    ".....The goal of some parents is to work so hard that their kids and grandkids get to live a life that appears spoiled by the standards of previous generations.".....
     
  14. bigbear0083

    bigbear0083 Active Member

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    happy easter to you W and to all the regulars here!

    [​IMG]
     
  15. WXYZ

    WXYZ Well-Known Member

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  16. WXYZ

    WXYZ Well-Known Member

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    Lots of good statistics here on the up and down years of the SP500.

    The Down Years

    https://awealthofcommonsense.com/2026/04/the-down-years/

    ....."In the nine years from 2000 to 2008 the S&P 500 was down almost as many years as it was up."......

    .....:Since 2009 it’s been much smoother sailing.

    The S&P has finished out the calendar year down just two times out of the past 17 years."........"losses have been few and far between for investors during this 17+ year-long bull market in U.S. stocks.".......
     
  17. WXYZ

    WXYZ Well-Known Member

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  18. WXYZ

    WXYZ Well-Known Member

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    I would call today a...."DEFAULT".....green day so far. I believe that the BULL MARKET is still intact....although it is somewhat hidden by the constant daily media noise. So on a day like today with ZERO news.....we are seeing the intact bull market pull stocks up mildly at the open.

    We will soon be seeing the big bank earnings which will signal the start of yet another earnings reporting time for the markets. The big question......will good earnings beats be IGNORED?

    If we continue the recent trend....yes....they will.

    Or as an alternative......if we see good earnings beats especially by the largest 10-20 companies in the SP500......along with a ceasefire and semi-resolution in Iran....will be be all set up for a MAJOR RALLY?
     
  19. WXYZ

    WXYZ Well-Known Member

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    I start the day and the week with three RED stocks......NVDA, COST, and of course.....the current market whipping-boy....MSFT.
     
  20. WXYZ

    WXYZ Well-Known Member

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    Yes this could SUPERCHARGE the space industry.....not to mention the markets. We are lucky as a country to have ELON and his space businesses. We would not even have a space program without him and his rockets. We would be unable to even put a person into space and would still be BEGGING rides on Russian rockets.

    SpaceX's IPO could supercharge the entire space industry

    https://finance.yahoo.com/sectors/t...arge-the-entire-space-industry-101227330.html
     

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