Apple TV today went from $6.99 to $9.99 per month
*Investors Blog*
- Thread starter Warstud
- Start date
Since your posting this in the investors blog - is that good or bad?
Negatory and inflationary
Pository and inflationary if you have Apple stock without Apple TV.
S&P record 5 days in a row? Your 401K is getting fatter! Even more remarkable considering TSLA...
From Barrons:
Stocks rose Thursday, with the S&P 500 reaching a fifth record high.
The gains came after a stronger-than-expected reading on the U.S. economy. GDP grew at a 3.3% annual rate in the fourth quarter, according to the Commerce Department. Economists surveyed by FactSet had estimated 1.7% growth.
WSJ Headline:
From Barrons:
Stocks rose Thursday, with the S&P 500 reaching a fifth record high.
The gains came after a stronger-than-expected reading on the U.S. economy. GDP grew at a 3.3% annual rate in the fourth quarter, according to the Commerce Department. Economists surveyed by FactSet had estimated 1.7% growth.
WSJ Headline:
Surprisingly Strong Economy Pushes S&P 500 to Another Record
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I hate the comparisons of government spending to drunken sailors.
Drunken sailors spend their own money. I think they are being libeled by the comparison.
I keep telling myself not to try and time the market, but I foresee bad things coming to light after the next election, regardless of who is the victor. I think I'm going to increase the cash/short term bond buckets a couple of months prior.
And can be real dangerous.
I dunno... Has worked out pretty well for me. I will say it seems my approach is far different than what I see here, if I understand what others seem to do. My investing plan is for decades. Buy and sell for a little here and there? I am not after chump change; I am after millions. Look at Tesla. People love it or hate it based on short term results, the ups and downs. I will hold it for a minimum of a few more years and am expecting a nice return instead of a modest return right now.
By the way, my investing days are over; I am just sitting on my portfolio. Schwab Wealth Advisory manages most of it for me. Sure I pay them, but if I needed brain surgery I would prefer an expert do the work.
The most important thing is invest in yourself. Hopefully I am not done with that part. But the financial part is wrapped.
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Thats likely the right strategy for most people. In fact the majority of my money is in a S&P ETF - although I likely play with more casino money than most. But this is the "investors blog" not the investment blog and the people here are more active. That doesn't make it right or wrong - there just more interested in how markets work than your average person.
I feel the same, but blow off tops can go a long time. Also this one is extremely weird - driven mostly by 7 stocks. The rest of the markets, international markets, bonds, Small caps - below average or actually down.
At least there is yield now. Long term stock market average is what - 8% or something? T-bills pay over 5%. Giving up 3% to sleep at night doesn't sound that bad really.
FWIW - my SSO / VXX pair both went down today. Yesterday they both went up. Its not a perfect pair, but there both leveraged bets against a different direction - so if that doesn't prove things are weird your not paying attention.
Straight up luck. Listening and reading.
Straight up head down, working ass off.
Straight up scared.
Straight up wanting to make money and keep my family off the streets.
Wide diversification in ways people don't usually think of.
Greed is something altogether different in my house.
greed /grēd/
Straight up head down, working ass off.
Straight up scared.
Straight up wanting to make money and keep my family off the streets.
Wide diversification in ways people don't usually think of.
Greed is something altogether different in my house.
greed /grēd/
noun
- An excessive desire to acquire or possess more than what one needs or deserves, especially with respect to material wealth.
Thanks Pablo. Perhaps greed is the wrong word. Having said that, it has been written that the forces of self-interest determine individual actions.
Here's the famous passage from NATIONS:
"It is not from the benevolence of the butcher, the brewer, or the baker, that we expect our dinner, but from their regard to their own interest. We address ourselves, not to their humanity but to their self-love, and never talk to them of our own necessities but of their advantages." (Smith, p. 14, Modern Library edition, 1937).
I have posted about my struggles with homelessness and the absolute desire to never live that way again. You are correct, that's not greed; perhaps fiscal conservative is a better term. Like you, I wish to be there for family and friends; money has enabled me to do so. Doing this very thing is by far the best part of my life.
JHZR2
Staff member
I don’t know what you think you see here. It’s an investor thread. Investment generally means over some timeframe, and most folks are doing it for decades, because it has to do with retirement and long term structuring.
Doesn’t mean that trading, which can be a facet of investment doesn’t have a play. It does.
There are all kinds of theories, all means to an end.
You’ve got an interesting story, but if you made a lot of it thanks to tons of stock options that hit big, its kind of apples to oranges. It’s easy to talk about decades and wealth advisory when you have a windfall that many others dont have, perhaps won’t have. They’ll have the regular compounding that the powers thst be allow them to have based upon however things work. That’s different. Not right, wrong, etc… just different.
But in an investors thread, different theories, concepts, looking at data, etc. is the purpose. No different than looking at UOAs and spec sheets since this is an oil forum…
^^^
Agree, everyone has an objective, that objective does not have to match any one objective like @JeffKeryk has or anyone else.
Not everyone needs or wants millions, others have million's, some look to preserve what they have or already achieved in life are happy and living a life of fulfillment, some invest as a hobby instead leaving it to someone else to invest.
Others may not have decades left to live, others may not be on this earth in another decade and sadly some will not live the full term of their perceived lifetime.
Others know life as it is right now in the USA and world is financially unsustainable if the irresponsible borrowing of our country and nations do not stop and we may already be past the point of no return.
What you think you have today could be worthless tomorrow
Bottom line as individuals this thread is about investing for all the above reasons
Btw, Many have an asset that money can’t buy at any price so that is much more valuable and #1 to own. That asset is your health, think about it.
Agree, everyone has an objective, that objective does not have to match any one objective like @JeffKeryk has or anyone else.
Not everyone needs or wants millions, others have million's, some look to preserve what they have or already achieved in life are happy and living a life of fulfillment, some invest as a hobby instead leaving it to someone else to invest.
Others may not have decades left to live, others may not be on this earth in another decade and sadly some will not live the full term of their perceived lifetime.
Others know life as it is right now in the USA and world is financially unsustainable if the irresponsible borrowing of our country and nations do not stop and we may already be past the point of no return.
What you think you have today could be worthless tomorrow
Bottom line as individuals this thread is about investing for all the above reasons
Btw, Many have an asset that money can’t buy at any price so that is much more valuable and #1 to own. That asset is your health, think about it.
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We get your rich, as you post and remind alot. Good for you. Move on.
I've been seeing this oddness for a little bit now.
Another reason I moved into, or started to enter various and sundry bond funds.
