jsasker007
5 year old buck +
Sounds like a reverse split is coming soon for SENS. Have never done well with any stock after they do a reverse split. jmo
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Stock Market is the bottom in?
- Thread starter Peplin Creek
- Start date
PatinPA
5 year old buck +
Crap I was hoping for an upswing.
jsasker007
5 year old buck +
The share price has been going up a little every day lately.
Telemark
5 year old buck +
Why do you expect Ameerican oil companies to march up? Oil prices are low and likely to stay low.
SD51555
5 year old buck +
Just multiple expansion. The p/e of the S&P 500 has expanded wildly, and Chevron has been left behind. They are historically a 10-15 pe, and if they expand like the rest, they should be $225 all day long.
Brian662
5 year old buck +
You'll lose .29% of your profits annually by buying the ETF. Some investors are ok with that, some aren't.
SD51555
5 year old buck +
Just buy your own shares directly and keep it balanced. That can get hard with high priced shares making incremental investements. 0.29% isn't horrible for a management fee if it gets you what you couldn't otherwise do.
hunts_with_stick
5 year old buck +
So looking at my portfolio, it appears I have some funds invested heavily in tech stocks such as nvda, pltr, etc.. wondering if I should start limiting my exposure, or if this is still the beginning of a long upwards trend. I’d like to keep riding this wave as long as possible. God willing, id like to retire in 7-8 years
hunts_with_stick
5 year old buck +
I should qualify that. I’d like to be able to have the ability to retire in 7-8 years if I so choose. I think that would make the job so much more stress free knowing I could just walk away.
BuckSutherland
5 year old buck +
Just buy the ETF and be done. I heard there might be a new MAG 10 etf coming out that also includes Broadcom, Palantir, and AMD.
Hoytvectrix
5 year old buck +
Most financial advisors recommend reducing the percentage that stocks make up your portfolio as you get closer to retirement.
I saw this first hand with my parents. My dad retired in 2006. The stock market was doing really well around that time and he kept quite a bit of his portfolio as stock and ended up losing half the value over the next two years.
I saw this first hand with my parents. My dad retired in 2006. The stock market was doing really well around that time and he kept quite a bit of his portfolio as stock and ended up losing half the value over the next two years.
Westwind
5 year old buck +
I’m currently very conservative in my retirement account, will be for foreseeable future. Wife is retiring no later than mid November and hers is the same.
I’m very cautious with the super high p/e and yields. I only know that because of a newsletter my family has subscribed to for years and some other accounts I’m following. I’m no expert and I’m not a trader. My news letter has me 40% invested in the market and I may go down to 20% soon. I don’t think the gains are over yet but if we are in a housing/tech bubble and it busts it’s going to be a doozy.
Will say this- You can’t time the market. I’ve been 100% invested in the market since 1997 and it served me well. I wasn’t retired in 2001 or 2007. Was still putting new money in while the markets were low. Now I have to have a different plan. Hoping to get back in next year. If this all plays out like it has historically I’ll do well. If it doesn’t, I’ll miss out on some gains. I’m ok with both.
I remember the Cisco giddiness. My wife is in the business and everyone we knew was cutting a fat hog buying Cisco. Take a look at the drop in Cisco and how long it took to get back that money if you were able to just hold it.
I’m very cautious with the super high p/e and yields. I only know that because of a newsletter my family has subscribed to for years and some other accounts I’m following. I’m no expert and I’m not a trader. My news letter has me 40% invested in the market and I may go down to 20% soon. I don’t think the gains are over yet but if we are in a housing/tech bubble and it busts it’s going to be a doozy.
Will say this- You can’t time the market. I’ve been 100% invested in the market since 1997 and it served me well. I wasn’t retired in 2001 or 2007. Was still putting new money in while the markets were low. Now I have to have a different plan. Hoping to get back in next year. If this all plays out like it has historically I’ll do well. If it doesn’t, I’ll miss out on some gains. I’m ok with both.
I remember the Cisco giddiness. My wife is in the business and everyone we knew was cutting a fat hog buying Cisco. Take a look at the drop in Cisco and how long it took to get back that money if you were able to just hold it.
Bowsnbucks
5 year old buck +
Financial advisors say buying and owning stocks using mutual funds (or ETF's) is much more efficient than buying individual stocks by yourself. Financial experts have said that for years. All the hassle, research of companies, digesting their financial reports, buying & selling / timing, red tape, record-keeping, tax info - is done for you at very reasonable, low expense ratios. They also have info that most people have no access to. How many people really want to spend the time necessary to accurately do all that, when it can be done for say, - .04% to .08% expense ratio's by pros?? Certainly, anyone can do all that by themselves if they're willing to dedicate lots of time & effort - but why - when it's almost free to have pros do those things for you??
I'm not in that business, so no affiliation. I'm retired, from a technical field.
jsasker007
5 year old buck +
I've done better investing on my own. I do put plenty of time into turning my money into more money. To me it seems worthwhile and I know I care more about my money than someone else does. jmho
jsasker007
5 year old buck +
My own account is up over 730% in the last 2 years. I can take it out or more stuff around whenever I want. I like that aspect of it too.
