That is about all that I am seeing so far this morning. It is just a NORMAL market day with little actually going on of any substance....to a long term investor. Now it is time for me to start the hard work today....that hard work being siting and doing NOTHING. No trading, no market timing, no gambling....simply allowing the long term and the POWER of compounding to make me money.
ANOTHER....win for TEXAS. Tesla and SpaceX will invest $16.8B to start building ‘Terafab’ chip factory in Texas https://finance.yahoo.com/technology/articles/tesla-spacex-invest-16-8b-152151414.html
HEY EVERYONE.....bigbear...has now cleaned up the other site....it is now clean and simple to use. Be sure to check it out and register there. A good number of us are now over there....but I am still duplicate posting here.
A GREAT article...basically the ESSENCE of long term investing. Why We Believe Strategy, not Tactics, Is Often the Key to Meeting Investing Goals https://www.carsongroup.com/insight...-is-often-the-key-to-meeting-investing-goals/ ......"We often share our tactical views in our blogs, interpreting recent macro data, looking at policy and geopolitics, monitoring earnings and valuations, and discussing the expected impact on markets from the next three months to three years. We also frequently include strategic perspectives, but the amount of strategic coverage versus tactical is probably about the inverse of their importance to success as an investor. In order to help address that imbalance, we’ve recently put together our Principles of Investing chartbook. Here are some basic charts based on historical stock performance that provide some highlights.".....
A huge issue for the....BABY BOOMERS: For most retirees, the greatest fear is not death—it is running out of money before they die. https://humbledollar.com/forum/for-...h-it-is-running-out-of-money-before-they-die/
TO ALL THE LURKERS AND OTHERS THAT CAN NOT POST HERE. This site has not allowed anyone to sign up for about two years now. The NEW SITE....(not connected to this site).....does allow anyone that wishes to sign up and post or participate. i ENCOURAGE anyone that wishes to be able to sign up and post to check it out. WE WOULD LOVE TO HAVE YOUR PARTICIPATION.....at: stocksforums.com
ANOTHER....tiny loss for me today in my stocks. Just about a PUSH. I did beat the SP500 with my stocks today by....0.15%. Moving on to the final day of the week.....TGIF.
WOW....we are already getting new members signing up at the new site. It is MUCH, MUCH, MUCH, improved now....simple to use, elegant, clean, and easy. AND....management is very responsive.....they made the huge improvements mentioned above...just for us. stocksforums.com
LORI.....let me know when you register and if it is working for you. We don't want to lose you. How about you.....RG?
I signed up for the other site and it is a massive improvement over this one. I will move over to that site and phase this one out. Anyone that hasn't ventured over there I recommend giving it a shot. Signing up took less than 5 minutes. No adds. Better layout.
@oldmanram ... So did you buy it?? Since I'm out of car space I have to live vicariously through you! I see you haven't been on in few weeks. Please look at WXYZ's posts about the other site.
A very nice open today with all the big averages green....so start the day. I have not looked at my account but I can tell fromthe ticker that I probably have a pretty good gain to open the day. BUT.....of course....the open is meaningless these days.
HEY EVERYONE......the new site is now AMAZING. stocksforums.com I am going to....MOVE THERE EXCLUSIVELY.....but I will keep posting here for a while to make sure everyone gets the message and knows where we all went. I dont want us to be like the lost colony of Roanoke. Posters come here and all they see is the word....."CROATOAN".....and we are all gone.....never to be seen or found again. The Lost Colony of Roanoke https://www.outerbanks.org/things-to-do/museums-and-historic-sites/the-lost-colony-outdoor-drama/
YEAH.....what an ASS....he is. Constantly predicting his market crashes..ever since. He is a CLASSIC short trader that uses the media to amplify his message....which is usually WRONG.....to manipulate the markets and boost his trades. If Michael Burry Spotted the So-Called Housing "Bubble," Then We All Did https://www.realclearmarkets.com/ar...d_housing_bubble_then_we_all_did_1198891.html ......."Importantly, they’re not lying on purpose as much as they’re unsophisticated. No one predicted the 2008 “financial crisis” simply because it wasn’t financial as much as it was evidence of what happens when governments substitute themselves for markets. That was the crisis in 2008, but few can point to writings ahead of 2008 that foretold the towering ineptitude of people with names like Bush, Bernanke and Geithner. In short, Baker expressed housing misgivings as so many did in 2008. But that was hardly a vision. Burry profited handsomely from a near-term mortgage correction, but less discussed is the many multiples of Burry’s who invested exactly as he did but not at the right time."......
I put the odds of a rate hike at......ZERO. More Traders Predict a Fed Hike. Don’t Bet On It Why the bond market – not the Fed – may already be doing the work https://investorplace.com/2026/08/more-traders-predict-fed-hike-dont-bet/ Why would the FED be STUPID.....(dont answer that question).....and do a rate hike. ALL the rate cuts to date have NOT impacted Treasury rates one bit. they are just as high or higher than before the first rate cut over a year ago.
YES...it is. IGNORING everything and staying in the markets for the long term with quality stocks and funds...is the only PROVEN way for the vast majority of people to achieve financial success and.......CRITICAL MASS. You have to TRUST IN THE FORCE. Investing is a Game of Survival https://awealthofcommonsense.com/2026/08/investing-is-a-game-of-survival/ ......"When I first started in the investment business I valued intelligence and charisma far more than I should have. After being in this world for more than two decades I’ve now come to value self-awareness and survival more than IQ and flashy stories. If you want to earn the wonderful long-term returns that exist in the stock market, you can’t become a forced seller when things go wrong. The longer you stay in the game, the more your capital compounds. Using too much leverage is a terrible survival strategy."......
I am NOT pushing this company or how they invest or what stocks they recommend. BUT......the basic concept in this little article is RIGHT ON. Circle Of Competence https://smeadcap.com/missives/circl...941&utm_content=431643574&utm_source=hs_email ....."Charlie Munger’s concept of the circle of competence is a mental model that states you must know the exact boundaries of what you understand and stay within them to avoid costly mistakes. It is not about how large your circle is, but how well you define its edges.".....
The ECONOMIC news of the day......not that I care. This jobs data is totally worthless....corrupted and distorted and meaningless. It is constantly SIGNIFICANTLY revised. AND.....the ECONOMY is NOT the MARKETS. What I care about is the fundamental results of the companies that I own. AND....I want to own the CREAM OF THE CROP...of world wide business. Why would I GAMBLE with anything else. July jobs report: US economy lost 23,000 roles, far short of expectations https://finance.yahoo.com/economy/a...oles-far-short-of-expectations-170715590.html
