newfie
Well-Known Member
he's been loading up on oxy
dow jones
- Thread starter Jkloc420
- Start date
He has some big stock options on it also
Up In Smoke
Well-Known Member
To really be invested, IMO, the investor needs to utilize all investing channels. Buy and hold investors miss out on 3/4 of the market.
Just look if you bought the s&P in March of 2009 and held it until today
You being pretty good shape right now
Yep. Pretty good deal at an inflation-matched 9.62%. The TreasuryDirect website could definitely use some improvement.
Up In Smoke
Well-Known Member
If you would have purchased $1000.00 of Amazon per year since March 2009, your $14,000 would now be worth over 500k. That same investment on quarterly call options would have netted you in the area of 5 million.
It's easy to be a Monday morning quarterback
Everyone has a different strategy but you at least need to have a plan
The number one thing you can do is to stay out of debt
Then you have discretionary income to invest, how you choose to invest is your business
Up In Smoke
Well-Known Member
Sure is easy after the fact. My frustration is with the buy and hold folks when they say the market is down and I'm getting killed. If the money is important enough to set aside, isn't it important enough to have a working knowledge on how to maximize and insure it.
That's why you always leave a little bit on sideline
Sometimes cash doesn't make much but sometimes cash is King
Up In Smoke
Well-Known Member
The Private Equity ( Angel ) group that my wife and I are involved in run four 6 week investor education classes every year. We focus on wealth building through small businesses ( entrepreneurship ), real estate and investing. Twelve hours to gain a lifetime of knowledge.
If you stay out of debt and spend less than you make you always be rich
Too many people live on the edge yes they got houses worth a lot of money but they also owe a lot of money on it
Up In Smoke
Well-Known Member
Social media platforms allow young people to project a false or inflated reality. I catch my daughters ( who have zero debt, but also own nothing but their education) comparing their lives to friends and work associates.
That's where Dad has to come in and educate them
And someday with some real world experience they're going to tell you how right you were.
Wally
BrownCafe Innovator & King of Puns
Rally Hopes Crumble as Powell’s Rates Reality Hits Full Force
(Bloomberg) -- The rally that has bolstered risk assets over the past month was just a blip in a bear market that is likely to worsen from here.Most Read from BloombergPowell Heaps Pressure on Risk Sentiment as More Catalysts Loom‘Inflation Fever’ Is Finally Breaking — But Central Banks Won’t...
And a few years from now if you look back this is probably a good buying opportunity
Rally Hopes Crumble as Powell’s Rates Reality Hits Full Force
(Bloomberg) -- The rally that has bolstered risk assets over the past month was just a blip in a bear market that is likely to worsen from here.Most Read from BloombergPowell Heaps Pressure on Risk Sentiment as More Catalysts Loom‘Inflation Fever’ Is Finally Breaking — But Central Banks Won’t...finance.yahoo.com
Thebrownblob
Well-Known Member
Hopefully, otherwise will all be eating Alpo dog food drinking from a bottle in a paper bag, sitting next to a trashcan with a fire in it.
Trust me it's hard to watch
I remember looking at my 401k balance in the fall of 2007 and seeing where it bottomed out in March of 2009.
Honestly it was a little heartbreaking but I did not panic. My 401k plan was almost cut in half
And March of 2020 was no picnic either
