SD51555
5 year old buck +
I took a few fists to the pills on INTC and MMM this quarter. It could have been worse, so I'm not too beat up about it. All in, I did gain a few points through earnings week, so there's that.
Stock Market is the bottom in?
- Thread starter Peplin Creek
- Start date
jsasker007
5 year old buck +
Hey, at least you weren't in BBBY when that unravelled. Decent dividends are what I'm looking for lately. GNK has been good to me so far.
Bowsnbucks
5 year old buck +
Love those Divs!!!
yoderjac
5 year old buck +
Is it time to switch from a value index to S&P? May still be a bit early...
Angus 1895
5 year old buck +
Freaking apple and ford missed……..
Arrrrrrgh…….should’ve sold more prior to report
but I didn’t cuz I ig nant!
Arrrrrrgh…….should’ve sold more prior to report
but I didn’t cuz I ig nant!
SD51555
5 year old buck +
This past couple weeks has been a ton of upheaval that resulted in not much changing overall in my group. I took a little swipe at SNAP the morning after they reported. Capped that too early and left a bunch of money on the table. MMM is starting to claw it's way back. Energy just gave up all of last week's gains. Lots of whoop-dee-do to go nowhere.
This pony is fast out of the gate, historically a good finisher, and, hopefully, on a start for a very good year.
https://www.wsj.com/livecoverage/st...for-best-start-to-year-since-1975-Y8EFFFuxced Nasdaq up 16% to date
Tech stocks have outperformed in 2023, buoyed by recent signals of cooling inflation that investors expect could lead to a pause from the Federal Reserve in its aggressive rate hiking campaign. The S&P 500 information technology sector is up more than 14% this year after a decline of more than 28% last year.
Same sectors that accounted for most of the run up over the last 10 + years.
Motley Fool says .....
https://www.wsj.com/livecoverage/st...for-best-start-to-year-since-1975-Y8EFFFuxced Nasdaq up 16% to date
Tech stocks have outperformed in 2023, buoyed by recent signals of cooling inflation that investors expect could lead to a pause from the Federal Reserve in its aggressive rate hiking campaign. The S&P 500 information technology sector is up more than 14% this year after a decline of more than 28% last year.
Same sectors that accounted for most of the run up over the last 10 + years.
Motley Fool says .....
History Says the S&P 500 Could Soar in 2023 -- 1 Surefire Index Fund to Buy Now and Hold Forever
By Trevor Jennewine – Jan 31, 2023 at 7:00AM
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SD51555
5 year old buck +
Oh my. Run from anything the Motley Fool puts out. Delete the bookmark and never go there again.
I used to pay for their newsletters, and those guys couldn't pick a winner when the fed was giving away free money.
I would agree completely; I have nothing to do with them ... I suspect they are mimicking what they hear from other prognosticators.
However, even though I believe I am a little more risk willing than most folks; consequently, don't use 500 Index .... it clearly is a useful vehicle for investors who don't have the time or inclination to study the market.
However, even though I believe I am a little more risk willing than most folks; consequently, don't use 500 Index .... it clearly is a useful vehicle for investors who don't have the time or inclination to study the market.
jsasker007
5 year old buck +
Eoddata.com has been helpful to look at whatever you want in the different markets.
SD51555
5 year old buck +
We're in full on bizarro world now. Today's jobs report from the mockingbird press:
www.cnbc.com
Here's why you need to be told you're prospering:
www.zerohedge.com
Jobs report shows increase of 517,000 in January, crushing estimates, as unemployment rate hit 53-year low
Nonfarm payrolls were expected to increase by 187,000 in January, according to Dow Jones estimates.
Here's why you need to be told you're prospering:
What Was Behind Today's "Wow, Wow, Wow" Jobs Report | ZeroHedge
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
www.zerohedge.com
jsasker007
5 year old buck +
SSDD---Being force fed lies by the government on a daily basis is getting really old.
Angus 1895
5 year old buck +
Cramer was right……..
unreal……Cramer said during bull markets…..not hitting the analysts numbers and the stock still goes up!
Apple did it !!!
Ford ….not so much!
I think EMOR is a long shot for HUGE!
YUGE! Rewards.
they claim they can dehumidifier the atmosphere and get potable water!
they claim 750,000,000 in orders?
I threw about $400 at the 17 cent stock today.
unreal……Cramer said during bull markets…..not hitting the analysts numbers and the stock still goes up!
Apple did it !!!
Ford ….not so much!
I think EMOR is a long shot for HUGE!
YUGE! Rewards.
they claim they can dehumidifier the atmosphere and get potable water!
they claim 750,000,000 in orders?
I threw about $400 at the 17 cent stock today.
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jsasker007
5 year old buck +
DSX is a $4 shipping stock with a 17% dividend---just sayin
Bowsnbucks
5 year old buck +
Despite Buffet saying publicly that the Vanguard S & P 500 index is where all his family's fortune is going?? Buffet has recommended a low cost index fund for most investors for a number of years. MOST people don't want to spend their lives studying charts - even IF they knew what they were looking at. They want to have a life. Lots of study has been done by Nobel laureates and other top financial pros that show that over time, the index averages beat out the vast majority of fund managers and traders. I had a few funds that RARELY beat the index averages, (and at higher expense ratios), so I moved out of them into a couple indexes (for MUCH LOWER expense ratios) and have made out better.
This is NOT a poke at you, OakSeeds!! Just recalling what Buffet has said. Anyone who wants to study & watch day-in and day-out can do so.
No poke taken; however point of clarification seems in order. In parsing out my comments in post 2850 above, you make it seem like I said "don't use 500 index" (I said I don't use the 500 index) ... I also stated it was appropriate for folks like you who declare they don't have the time or inclination to follow the market very closely.
Some posts on this thread in the past have stated/argued that the S&P 500 index funds beat actively managed funds 9 out of 10 times. In an attempt to help others who may not be aware of aspects of the common belief (the professed overwhelming superiority of index funds), I'll use your friend Buffet and his web site to inform our friends and dispel a myth.
https://investor.vanguard.com/inves...s-vs-actively-managed-funds#modal-performance
If one scrolls down to the section "Compare index and active management," the 3rd topic RISK describes the "Active Management Performance History" Buffet says ....
"Over the past 15 years, only about 37% of active stock fund managers and 19% of active bond fund managers have outperformed their designated benchmarks.*
As Bucky pointed out many posts ago, index funds may not be as effective as they once were since they have - in the more recent past - loaded up on tech funds (the FAANG group) yet retaining some slugs that impede performance.
Almost 4 out of 10 active manager wins/superiority means there are quite a few funds out there that get it right! And this is NO poke at you BNB
Some posts on this thread in the past have stated/argued that the S&P 500 index funds beat actively managed funds 9 out of 10 times. In an attempt to help others who may not be aware of aspects of the common belief (the professed overwhelming superiority of index funds), I'll use your friend Buffet and his web site to inform our friends and dispel a myth.
https://investor.vanguard.com/inves...s-vs-actively-managed-funds#modal-performance
If one scrolls down to the section "Compare index and active management," the 3rd topic RISK describes the "Active Management Performance History" Buffet says ....
"Over the past 15 years, only about 37% of active stock fund managers and 19% of active bond fund managers have outperformed their designated benchmarks.*
As Bucky pointed out many posts ago, index funds may not be as effective as they once were since they have - in the more recent past - loaded up on tech funds (the FAANG group) yet retaining some slugs that impede performance.
Almost 4 out of 10 active manager wins/superiority means there are quite a few funds out there that get it right! And this is NO poke at you BNB
Telemark
5 year old buck +
The only managed funds i have are in Norway in my pension account , and they generally perform 5 to 7 points below the actual market index. Some of these are even called index funds. I tend to agree that Vamguard's S&P index fund is a good investment.
Bowsnbucks
5 year old buck +
I misunderstood what you meant, OakSeeds, concerning your, "I don't use the 500 Index" clarification. I read it like you made a blanket statement, "Don't use the 500 Index." Clear now.No poke taken; however point of clarification seems in order. In parsing out my comments in post 2850 above, you make it seem like I said "don't use 500 index" (I said I don't use the 500 index) ... I also stated it was appropriate for folks like you who declare they don't have the time or inclination to follow the market very closely.
Some posts on this thread in the past have stated/argued that the S&P 500 index funds beat actively managed funds 9 out of 10 times. In an attempt to help others who may not be aware of aspects of the common belief (the professed overwhelming superiority of index funds), I'll use your friend Buffet and his web site to inform our friends and dispel a myth.
https://investor.vanguard.com/inves...s-vs-actively-managed-funds#modal-performance
If one scrolls down to the section "Compare index and active management," the 3rd topic RISK describes the "Active Management Performance History" Buffet says ....
"Over the past 15 years, only about 37% of active stock fund managers and 19% of active bond fund managers have outperformed their designated benchmarks.*
As Bucky pointed out many posts ago, index funds may not be as effective as they once were since they have - in the more recent past - loaded up on tech funds (the FAANG group) yet retaining some slugs that impede performance.
Almost 4 out of 10 active manager wins/superiority means there are quite a few funds out there that get it right! And this is NO poke at you BNB
Clearly some actively managed funds beat the indexes ......... but NOT on a consistent basis. I've owned funds that beat the indexes for a couple years, but then SUCKED hind T#T for another 5 to 7 years. I went with the advice of a number of well-known, highly regarded pros who showed years of returns and the numbers were on the side of indexes. AND - their expense ratios are much lower than actively managed funds. To me - .03 or .04 expense ratios are better than .55, .72, .93, or 1.4%. The number differences may seem small, but over time - they add up to possibly BIG amounts of money out of your pocket. I'll trade a couple years of higher actively-managed fund returns, for the long-term lower expenses and numerous years of beating actively-managed funds. To each - their own decision.
On a side note ....... all actively-managed funds lose their managers at some point, to retirement, death, or going elsewhere. Some of the highest-flying funds sunk after their managers left. I don't have that worry with index funds. They're usually run by teams of managers and / or an algorithm.
Tree Spud
5 year old buck +
Had lunch with our banker yesterday. He is pretty astute and connected with the financial markets. He said he believes that we will see 10% prime by the year end. This is being driven by a couple of things... The Fed is concerned that Wall Street is acting like nothing is wrong. Material supply chains still have not recovered and even though real estate has been slowed, too much demand still exists everywhere. Most companies are paying unsustainable premium wages for employees and cost of labor on balance sheets is too high.
The most interesting comment he made is that inflation & employment have an inverse relationship. When employment is high, inflation is low, and when unemployment is high, inflation is low. The belief is that the Fed will continue to push higher prime rate increases in an effort to increase unemployment. Raising interest rates even further will have a wide ranging effect on the economy and unemployment. . Right now the tech industry is the leader in starting lay-offs.
I remember Greenspan using the term "Irrational exuberance" back in the 1990s. Wonder if today's Fed is sensing that ... will be an interesting 2023.
The most interesting comment he made is that inflation & employment have an inverse relationship. When employment is high, inflation is low, and when unemployment is high, inflation is low. The belief is that the Fed will continue to push higher prime rate increases in an effort to increase unemployment. Raising interest rates even further will have a wide ranging effect on the economy and unemployment. . Right now the tech industry is the leader in starting lay-offs.
I remember Greenspan using the term "Irrational exuberance" back in the 1990s. Wonder if today's Fed is sensing that ... will be an interesting 2023.
