Stock Market is the bottom in?

[Foggy47]

If you had bought XOM almost 15 yrs ago you would not even doubled your money, only a 50% uptick before dividends. Ask me how I know

Lotta luck and timing in this market thing. Note the S&P 500 returned about 4.5x over that long period.

Best to be boring and stick to a broad index fund

I've been retired now for over 20 years. We have a broad mix of stocks and likely emulate the S&P500 in ROI. We draw 4% annually to live and provide for some other things. I can assure you we have improved our net worth over that time and the market has provided just as planned for. We continue to own a broad basket of stocks.....and stay invested through thick and thin........and we did go thru the melt-down of the 2018 markets (Phew). At this time....the stocks we own are showing capitol gains at 94% (vs those that have lost) through these times. Some are up very bigly. All are a mix of "household names". Hard to argue with those facts. (and I do not report this info to brag....rather to inform you that this system is quite viable....use it!)

I hope I live long enough to go through another melt down or two. MAGA!

 

[KY wild]

I came on here last Wednesday complaining that Schwab would not allow me to buy RGC because it was too unstable. Well since then it is down 80%.

 

[Buckly]

Yeah but, it wouldn’t have if you were able to buy it. It would have soared. Keep a good thought. LOL

 

[bwoods11]

If you had bought XOM almost 15 yrs ago you would not even doubled your money, only a 50% uptick before dividends. Ask me how I know

Lotta luck and timing in this market thing. Note the S&P 500 returned about 4.5x over that long period.

Best to be boring and stick to a broad index fund

I checked 3 sites , all had the same amount… this is AI search ….

 

[rocksnstumps]

Sure couple points though. Total return above assumes dividend reinvestment immediately in new shares instead of taking the dividends as cash. Some folks may have taken as cash instead. Of course that cash should also be rolled into a return figure BUT I chose not to do that in my posting. WHY? Cause my comment about the SP500 returning 4.5x was also not total return and was ignoring any dividends. Was just doing the simple math on listed prices for a comparison. The TOTAL return for SP500 with dividends reinvested would be even higher than 4.5x. Sorry for any confusion but was just trying to make a simple comparison which is still valid by the way, maybe should have posted NOT total return. But I did say "before dividends"

Also noted I said "almost 15 yrs" so was actually a little under. As we know with tariff impacts, prices can vary widely from month to month.

 

[rocksnstumps]

BTW, one really needs to look close at what AI is telling you. Really surprised that it gives rather inconsistent and some total bogus summary about XOM stock price for 2011 period when I made my initial purchase. What was the average price for XOM in 2011? What was the high low price in 2011? Sometimes typed in Exxon instead of XOM. For something as cut and dried as stock pricing, this is not good. Just using "ave" instead of typing average seems to lead to different answers.

Posting screenshots of what it returned.



In the last screenshot, how can you have an average price that is even lower than the lowest price for the year?!

That's obviously not right.

 

[Howboutthemdawgs]

BTW, one really needs to look close at what AI is telling you. Really surprised that it gives rather inconsistent and some total bogus summary about XOM stock price for 2011 period when I made my initial purchase. What was the average price for XOM in 2011? What was the high low price in 2011? Sometimes typed in Exxon instead of XOM. For something as cut and dried as stock pricing, this is not good. Just using "ave" instead of typing average seems to lead to different answers.

Posting screenshots of what it returned.
View attachment 79309
View attachment 79310View attachment 79311

In the last screenshot, how can you have an average price that is even lower than the lowest price for the year?!

That's obviously not right.

I don’t trust ai one bit. I’ve gotten so many blatantly wrong and biased answers to questions I find it almost useless at best and dangerous at worst

 

[rocksnstumps]

I just went in and typed EXACTLY what I typed in last night for a question and got another summary totally different and yes totally, totally wrong.

 

[bwoods11]

No doubt oil stocks are volatile. I try to buy & reinvest the dividends & then buy more on the real dips !

Some investors get caught buying at the highs when oil is over $100/barrel …Watch the next month or two, see what happens ?

 

[rocksnstumps]

Yes we all have our moments. I could have posted that I added to my Suncor position within one day of its lowest price in the last 20+ yrs. But was a small addition and in total my energy stocks have returned much less than simple SP500 index funds. Well hard to admit but WAY less.

 

[Brian662]

I just sold off a sizeable share from a total market index and moved it into TSLA, AMZN, and PLTR.

70% of my portfolio is index funds and 30% is specific equities.

 

[bwoods11]

Palantir has been on fire … & so has Broadcom !!

 

[Brian662]

Palantir has been on fire … & so has Broadcom !!

Yeah, not a huge fan of buying high but their forecast is looking up.

 

[bwoods11]

Blue Horseshoe likes Toast !
TOST

If you go out to a nice restaurant, look for Toast software/management ! They are everywhere !

 

[hesseu]

NVDA seems to stall out where it currently is at. A stock split in its future? Might make it interesting...

 

[Westwind]

I sold all my nvda. Took the profit.

Not sure what my next move is. I'm going to be on the sidelines for a bit I think. Still have plenty of eqities in my retirement account so I can still enjoy days like today!

 

[Brian662]

CELH is another one that's going to double or triple soon.

Shoutout to @jsasker007 for this call. Wish I believed it with more conviction. I piggybacked your call and I'm up 80% since Feb 20.