There at the very top of the dogs of the dow list for 2023. Might be on my buy list also.
*Investors Blog*
- Thread starter Warstud
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Yep and if you subscribe to chart theory you have to be sweating right about here. It’s very ominous looking. The other indexes are closing in on similar trends.
Lost all on the market & I work real estate both dead starting the year with missing my mortgage payment. How do I tell my wife and kids?
Obviously he got greedy. Telling the world before you tell your wife is never a good idea. This assumes the person is for real.
I started to think fake
A fool and his $$...
Not a bad year considering the down market - closed out at +2.2%. Maintained 57% stocks and was bailed out by ExxonMobil, Shell, and Merck. Sitting on 17% cash and expecting some good buying opportunities in Q1.
I lost just under 2.5% in my Roth this year. I been holding long term, yeah, in hindsight I wish I got out in 2021 but its ok, could be far worse.
(I haven't looked at my 401k which is in funds, I dont know if I will *LOL* I am certain that I beat the funds by a wide margin)
A 2.5% loss isn't bad in this market . I'm up 12% in my 401k because I bought the June bottom and sold in August . I'm thinking of buying Verizon VZ and Intel INTC next month .
Yeah, I wish I was more active, always want to kick myself after the fact. Ill always have slow steady increases over time by just picking solid companies, after trying to time the market in the past I gave up to this method but the last couple years, it sort of seems like I would have timed it right.
Anyway good for you and some others in here who got out a year ago, and worked from there.
We did OK overall. Flatish overall but I haven't looked at all our accounts, nor have I taken out any of the expenses for 2022. So maybe a hair positive.
1) MAJOR NEGATIVE (to the net worth): Muni bonds and muni funds over different stripes. With rising rates these took a predictable, expected hit. Bought very much on purpose for tax free income. That said we get about $3000 month from these so not worried, that is what we bought them for. Just not used to it! Need strength conditioning for the portfolio mind.
2) Major positives: Use of inverse funds, Gold, silver platinum, REITs bought at the right times, energy and selling covered calls
I guess you call it a dumbbell portfolio during a dumbbell year
1) MAJOR NEGATIVE (to the net worth): Muni bonds and muni funds over different stripes. With rising rates these took a predictable, expected hit. Bought very much on purpose for tax free income. That said we get about $3000 month from these so not worried, that is what we bought them for. Just not used to it! Need strength conditioning for the portfolio mind.
2) Major positives: Use of inverse funds, Gold, silver platinum, REITs bought at the right times, energy and selling covered calls
I guess you call it a dumbbell portfolio during a dumbbell year
YTD? My portfolio took a beating. Yup. But my long term strategy has done just fine over the long run, which was, of course, the goal.
This is equivalent to saying after you lost the lottery you wished you picked the right lotto numbers. Well, yeah, sure. Unless SORR is a concern this year won't matter in the long run and actually it's a great time to buy at a discount. You didn't lose anything unless you sold. It's of no importance to me either that people on here "beat" the market this year. I don't have the time or the desire to get that involved but most importantly, all the research very clearly says I don't have to. Over the next 20 years this past year will just be a blip where I picked up discounted equities that make me much more money moving forward than anything I bought in 2021.
The folks here that think they can predict the future crack me up 
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There have been 3 times that the stock market has moved "sideways", (not gone up). Once for a period of 25 yrs and twice for a period of 10 yrs.
.There have been 3 times that the stock market has moved "sideways", (not gone up). Once for a period of 25 yrs and twice for a period of 10 yrs.
Not sure what your point is? Do you think they went sideways the entire time? Also, did all stocks go sideways at the same rate?The folks here that think they can predict the future crack me up
There have been 3 times that the stock market has moved "sideways", (not gone up). Once for a period of 25 yrs and twice for a period of 10 yrs.
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If you don't want to buy and sell stocks I certainly get it. There is a bit of gambling in predicting the direction of specific stocks for sure.
I'm not sure what his point is either . Did you notice the dates ? 1906 , 1929 , 1973 it's a whole different ballgame these days .
