Cardboard box demand plunging at rates unseen since the Great Recession
Cardboard boxes are a humble but key indicator. Manufacturers are quickly halting output of this good in a spooky sign for the economy.
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Been doing that for a long time. Basically why I decided to retire. I went (almost) all in at the bottom of C-19 lows, (~March April 2020) - I bought many top names in the teens. They just went right back above par when we were still locked down. I am still holding a few (B of A, for example) most I sold before rates started jacking up again.
January was pretty good to investors. Many of the leaders, not surprisingly, were the losers of last year.
Of course, over the last 5 year run, everyone looks great!
10 or 20 year and you look like a freakin' genius.
Of course, over the last 5 year run, everyone looks great!
10 or 20 year and you look like a freakin' genius.
Last year I made a little money with SQQQ….. this year it’s TQQQ.
Money can be made in either market.
Last year I was down... I won't say. Paper loss, of course. YTD is nice. Neither are realized, so they are just numbers.
In a long term strategy, a good or bad year is not gonna change my life.
Congrats on your investing Dave. Well done!
The Market goes up over time but not all the stocks in it do . So I guess it depends on what and when you bought within the last 5 years .
Everything is manipulated.
I mremember the inflation when Nixon took us off the gold Standard to fund the cost of the Vietnam war.
Yes, I just go with the flow….
That's true all the time; moreso in the short term. 5 years is a short term, im my book.
I have 3 groups with Schwab along with some other stuff with Fidelity.
1 - The Schwab Wealth Advisory stuff; the Schwab team makes recommendations which I approve. This is pretty much safety stuff, IMO.
2 - A CA double tax free muni bond fund. Schwab recommended it as a balance and for tax help, but I don't like it at all. I will probably cut it in half or further.
3 - A few stocks I have picked and my stock options and grants from my career. Fidelity and Schwab have been raggin' on me to diversify. I did sell some years ago; stupidest thing I ever did. That's when I canned Fidelity and rolled almost everything to Schwab. I have some TSLA here.
Bottom line; there is nothing like a nice mutual. A true no brainer. The S&P beats just about everything over time. Picking stocks is not my game.
I really don't buy individual stocks. I don't think about this stuff too much anymore.
Additionally, CA real estate is a gold mine, not to mention you gotta live somewhere, right? Most importantly, invest in yourself. Education is key.
Over time, there have been plenty of highs and lows. But the long term strategy has proven to work in my case.
Sound advice/outlook.
It rarely does. There is no logic. I think they make it up as they go. And I have made back almost half of my account max, just YTD.
Crazy.
I agree, but the sting of all those rate hikes have not fully hit yet.
Sunny blue skies above your head….. 100 miles away dark skies and storm clouds.
Owen Lucas
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I was up 7% last year despite the market being -18%, I am heavy in Exxon. Turned out it's OK to be heavily weighted once in a while. Not so hopeful this year though.
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It takes SIX MONTHS for the rate hike to meet the real economy.
I would not invest there, but maybe a goo source of passive income would be rental properties????? Own a few rental properties and have instant passive income. (and the real risk is abusive tenants?)
Many places right now, rent/month is 100 or so less than a mortgage payment.
Just look what Blackrock is doing.