KannikaP Posted August 6, 2023 Share Posted August 6, 2023 1 minute ago, KhunLA said: To your reply, no, to OP, yes. But almost on topic, as OP is all happy about 20% increase YTD, which pales from the low not to long ago. so only one way to go, and that's UP. Not back to 2021/22 levels, and just a bit above Feb 2021, when new Biden administration took over. Things look different without tunnel vision & blinders on. ....blinKers on............... Link to comment Share on other sites More sharing options...
KannikaP Posted August 6, 2023 Share Posted August 6, 2023 5 minutes ago, KhunLA said: But almost on topic, as OP is all happy about 20% increase YTD He never expressed any Happiness or other emotion, he simply posted a chart. Link to comment Share on other sites More sharing options...
KhunLA Posted August 6, 2023 Share Posted August 6, 2023 Just now, KannikaP said: He never expressed any Happiness or other emotion, he simply posted a chart. Posting about a 20% increase would imply happy to me. Reading between the lines isn't really that hard ... is it ? 1 Link to comment Share on other sites More sharing options...
KannikaP Posted August 6, 2023 Share Posted August 6, 2023 4 minutes ago, KhunLA said: Posting about a 20% increase would imply happy to me. Reading between the lines isn't really that hard ... is it ? I try to NOT read between the lines as I may mis-interpret it. 1 Link to comment Share on other sites More sharing options...
Isaan sailor Posted August 6, 2023 Share Posted August 6, 2023 Don’t care where the S&P goes. Just want my stocks to rise… 1 Link to comment Share on other sites More sharing options...
Thailand J Posted August 6, 2023 Author Share Posted August 6, 2023 S&P 500 reflects the state of overall stock market, if the index goes up, most likely so are your stocks, but depends on what you own. As a stocks investor, you pay no attention to how overall market is doing? Link to comment Share on other sites More sharing options...
Foxx Posted August 7, 2023 Share Posted August 7, 2023 6 hours ago, Thailand J said: As a stocks investor, you pay no attention to how overall market is doing? Investors should pay no attention to how the overall market is doing. (1) Equity investing is a long term matter, and short term noise is irrelevant. (2) Attempts at market timing doesn't work. Link to comment Share on other sites More sharing options...
Thailand J Posted August 7, 2023 Author Share Posted August 7, 2023 (edited) You may pay no attention to short term noise if you invest in index funds for the long haul. Or you may pay attention without having to act. If you invest in a few stocks what do you compare their performances to, short term or long term? Not just stock investors, other asset class investors look at S&P 500 for comparison too. Edited August 7, 2023 by Thailand J Link to comment Share on other sites More sharing options...
KhunLA Posted August 7, 2023 Share Posted August 7, 2023 2 hours ago, Thailand J said: You may pay no attention to short term noise if you invest in index funds for the long haul. Or you may pay attention without having to act. If you invest in a few stocks what do you compare their performances to, short term or long term? Not just stock investors, other asset class investors look at S&P 500 for comparison too. Never got into the long term/hold 'em mentality, as 5-10% over 5-10-20 yrs never interested me. Too impatient, too greedy. After rolling over RE equity into the market, played the Y2K scam till just before it crashed ???? Then Bush 2 became elected president, and the obvious, oil. For me, high risk/high gain, speculative oil stock, pennies actually. Actually my best returns on investing. Too moral to go into defense contractor, though I do think I regret that, with President Cheney at the helm. Those profits are a given. Wee bit of inside trading, day trading, and oil stock pay offs, and the rest is history. It does take work/research, and paying attention, along with knowing the scam of the markets, the trends and having software to point out the scams. Funds are good, but run in 2-3-5 yr cycles. Municipality and utilities stocks/funds, along with dividend stocks, which TBH, never really played with. Steady gains, but to low & slow for me. No real work/research involved though. Options are great, but you have to really know what you're doing. Good if inside trading, and yes, it's real, and so many do it. Straight out inside trading, or simply implied buy / sell. Ex: "We have some exciting news coming next week" in direct conversation, not news-blips. If waiting for news, you're too late already. Happy Trading. Do it right, and you can retire in less than 5 yrs. Turn $50k into 1M. Work smarter, not harder. Link to comment Share on other sites More sharing options...
Thailand J Posted August 7, 2023 Author Share Posted August 7, 2023 32 minutes ago, KhunLA said: Turn $50k into 1M imagine that, in 5 years. 1 Link to comment Share on other sites More sharing options...
KhunLA Posted August 7, 2023 Share Posted August 7, 2023 29 minutes ago, Thailand J said: imagine that, in 5 years. I did retire at 45 ... there's that ???? Link to comment Share on other sites More sharing options...
Thailand J Posted August 7, 2023 Author Share Posted August 7, 2023 My last day at work I was 46 years 11 months old. 1 Link to comment Share on other sites More sharing options...
KhunLA Posted August 7, 2023 Share Posted August 7, 2023 9 minutes ago, Thailand J said: My last day at work I was 46 years 11 months old. Did you plan the next 30+ yrs on company & govt pensions, or your brokerage account balance ? Link to comment Share on other sites More sharing options...
Thailand J Posted August 8, 2023 Author Share Posted August 8, 2023 I don't have company pension and my ss monthly benefit is very small. Luckily I have a good size investment account that I can count on, which I withdrew about 3-4% annually, mostly given away. Link to comment Share on other sites More sharing options...
FruitPudding Posted August 8, 2023 Share Posted August 8, 2023 Is that all? Some of my stocks are up 40% year-to-date and they ain't even tech stocks. The S&P is a yawn-a-thon. Link to comment Share on other sites More sharing options...
FruitPudding Posted August 8, 2023 Share Posted August 8, 2023 On 8/6/2023 at 9:34 AM, KhunLA said: Posting about a 20% increase would imply happy to me. Reading between the lines isn't really that hard ... is it ? Yes, I agree. Anyone who knows the stock market knows that the S&P generally does 10% a year on average, so 20% in 7 months definitely has positive vibes. Link to comment Share on other sites More sharing options...
FruitPudding Posted August 8, 2023 Share Posted August 8, 2023 21 hours ago, KhunLA said: I did retire at 45 ... there's that ???? That's my goal. ???? Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now