The Long Term Investor

Personally I simply don’t understand how the hot CPI read affected the market so POSITIVELY, but this is not the first time this has happened. I recall multiple times when this happened and it took 24 hours for the news to settle. That’s why I simply don’t pay attention to any of the nonsense that the analysts portray in the media. Nobody knows shit but they all know how to stir the pot quite well.
Doing my taxes now and by god it never ceases to amaze me how great it feels to get to the point where I report my investments. Each year I have only LOSSES since I always sell my losing positions, all along while my winners grow each years and far far outweigh my losses. Of course, they can only allow up to $3,000 in losses per year with the remaining balance of losses getting carried over to the following years, but it’s just funny how that all works out. That is also the reason why I would probably never liquidate my assets, capital gain taxes this year will eat 32% of my gains and that’s simply not worth it.

 

And NVDA is up almost 5% currently. Wow! I thought that the media decided it was dead only 24 hours ago??? How could they be WRONG???

 

That’s hysterical W… I usually listen to squawk in the morning and then Josh Browns commentaries are always funny. “they” are almost always wrong, sometimes I think, gee why do I even pay attention. Well it’s all entertainment really to me.
Joe Kernan is equally amusing

 

Another bounce back day for NVDA. I cannot help but think the powers that be are trying to shake off the skittish for a quick buck.

 

What a start and good momentum carrying on so far this year. So much noise has been made from when we began to march out of the valley from many, many months ago.

Remember back then? It could not be done. It simply would not happen. But….it did.

We have had just about everything thrown at us over the past couple years, but have been rewarded nicely for having the patience and confidence to stay with it.

This has always held true for the whole time I have invested. Sometimes the wait is longer than we want, it can test our will, but it has always been worth it in the end.

 

I'm in Scotland, doing pretty good this year, currently at 18.97% YTD. I'm happy with that but still not happy with my investing style. Too often I'm taking money of the table, and with that I miss some of the big gains in the market.
I'm a small investor(if I can call myself an investor) with only $20k invested.
Currently I own: NVDA, COST and AAPL. I'm only investing in US stocks, but wish if someone here would advise us about European markets as well.
I wish I could post here more often, but with two small kids, young wife and a full time job, I just don't find time. But I'm here everyday, this is my "go to" website for checking the market.
Thanks W for all your commitment.

 

Hey W, all good over here in England - thanks for asking! It's been a long wet winter so we are all happy Spring is in sight. Honestly, it started raining in October last year and it feels like it hasn't stopped. I am craving some sunshine.

I am mostly invested in the S&P 500 and Nasdaq 100. That accounts for just over 65% of my portfolio. I also have some individual stocks in NVDA, AMZN, AAPL and TSLA - so yes I have made some money this year. I'm only a small investor, like Strathmore above, but you have to start somewhere, right. I did own Nike but sold that at the end of last year. I put it all in NVDA so I'm very happy with that decision. I almost did the same with Tesla but decided against it. I think I am going to stick with Tesla and hope Elon delivers. I am a big fan of Elon. I see it as an investment in him.

You know I never really looked at stocks in the EU. When I first started researching the markets it quickly became clear that the USA is where it's at. So, here I am

 

I identify as a long term investor but yesterday, I have to admit, did some trades. Very minor changes. Very small trim of AMD stock and directly put the money into NVDA and also joined the latest trend with a small buy in of SMCI. Now I can be like the cool kids! All joking aside the case for that stock is pretty compelling. I feel stocks get forgotten on my watch list so back when I started trading if I saw something I liked I would get a few shares to keep it on the radar, kind of a taste before the big bite. Right, wrong or indifferent this is what works for me. So a little 15 share buy in to see how the waters feel. Owning AMD for a decade has numbed me pretty good to tech stock price volatility so I guess it just comes down to timing and luck.

 

And of course…. Today all of those stocks that were up yesterday….. are down! And OF COURSE the king of the castle is red as well - NVDA. Well at least at the open.
This is how we’re going to be for awhile now until some sort of a MAJOR event will decide to take us up or down for an extended period of time.
Totally unrelated - was watching the Tucker/Chris Coumo interview last night. A very interesting watch for those who know the background between these two formidable enemies. Seeing them getting along, laugh and enjoy a deep conversation certainly made me feel all warm and fuzzy inside.