Stock Market is the bottom in?

[Tangler]

Bought more VTI, VXUS & Avuv today. Just keep buying.

 

[bigboreblr]

Bought more VTI, VXUS & Avuv today. Just keep buying.

Sounds god right now. Alot of red paint everywhere. Since Im not good at picking numbers, Might s well put some chips on red. Found out telsa's data centers prefer doosan turbines to power them. might more convincing to buy EWY.

MY latest picks kinda suck. Still cant find out any info on AJINY. Too many sells?

Think Chevron got more ceiling to it?

 

[bigboreblr]

Anybody recall the internet days of the late 90's well? Wondering if todays tech hype will pan out as much change as it says it will.

There is a whole world of people out there who don't have money saved for retirement, who live paycheck to paycheck. And you encounter them every day. They work at places like Kwik Trip, and Ace Hardware, your local grocery store, Walmart, restaurants, fast food places, and on and on.

Not everyone can be a manager or supervisor, get into a well paying career, or own their own business.

For those of you who own your own business, what percentage of your employees do you think have $30k saved up?

Remember the old rpesidential campaign a few years back the 47%....... Mit Romney.

How many are good job / lousy job couples? OR single income houses, some folks out there like that still. I work at a place with a pension, maybe not a ton of 30K folks there, but a good chunk probably only got 100k in their accounts. Cruises every year, new cars every 2 or 3, Trucks that are close to their annual salary. The higher the pay, the crappier the car in the lot. Guy sweeping floors has a new truck, department manager has rust holes in his pickup....

 

[Jerry-B-WI]

Anybody recall the internet days of the late 90's well? Wondering if todays tech hype will pan out as much change as it says it will.

Remember the old rpesidential campaign a few years back the 47%....... Mit Romney.

How many are good job / lousy job couples? OR single income houses, some folks out there like that still. I work at a place with a pension, maybe not a ton of 30K folks there, but a good chunk probably only got 100k in their accounts. Cruises every year, new cars every 2 or 3, Trucks that are close to their annual salary. The higher the pay, the crappier the car in the lot. Guy sweeping floors has a new truck, department manager has rust holes in his pickup....

What? No fancy Harley's?
Worked with a fella who robbed his 401K to pay for a brand new fancy Harley. My BIL didn't plan for retirement, claims he didn't think he'd live this long.

 

[farmlegend]

Anybody recall the internet days of the late 90's well? Wondering if todays tech hype will pan out as much change as it says it will.

Remember the old rpesidential campaign a few years back the 47%....... Mit Romney.

How many are good job / lousy job couples? OR single income houses, some folks out there like that still. I work at a place with a pension, maybe not a ton of 30K folks there, but a good chunk probably only got 100k in their accounts. Cruises every year, new cars every 2 or 3, Trucks that are close to their annual salary. The higher the pay, the crappier the car in the lot. Guy sweeping floors has a new truck, department manager has rust holes in his pickup....

I'm 69 years old, retired three years ago, self-employed last 23 years of my career.
Have lots of friends and acquaintances near my age. Many had good careers, saved and invested early, and are in pretty good shape. Saddest situations are folks that made good dough their whole work lives and will never be able to retire because they had new cars/trucks every few years, RV's, vacation cottages, boats, snowmobiles, travel, all financed with debt.

When it comes to financial security, one of the most important things to impart on youth is the concept of paying yourself first and the power of compound interest. Even if it's just a piddling amount, sock a bit away every month on autopilot into S&P500 index fund or equivalent and start young, keep going, don't stop, and don't even look at it for 40 years.

 

[SD51555]

Sounds god right now. Alot of red paint everywhere. Since Im not good at picking numbers, Might s well put some chips on red. Found out telsa's data centers prefer doosan turbines to power them. might more convincing to buy EWY.

MY latest picks kinda suck. Still cant find out any info on AJINY. Too many sells?

Think Chevron got more ceiling to it?

I think it’s gonna take 2-4 weeks to figure out what’s happened in the Middle East and what that means for energy markets. I’m gonna sit tight and watch and wait.


Sent from my iPhone using Tapatalk

 

[Tangler]

I'm 69 years old, retired three years ago, self-employed last 23 years of my career.
Have lots of friends and acquaintances near my age. Many had good careers, saved and invested early, and are in pretty good shape. Saddest situations are folks that made good dough their whole work lives and will never be able to retire because they had new cars/trucks every few years, RV's, vacation cottages, boats, snowmobiles, travel, all financed with debt.

When it comes to financial security, one of the most important things to impart on youth is the concept of paying yourself first and the power of compound interest. Even if it's just a piddling amount, sock a bit away every month on autopilot into S&P500 index fund or equivalent and start young, keep going, don't stop, and don't even look at it for 40 years.

GREAT advice!

 

[Tangler]

Sounds god right now. Alot of red paint everywhere. Since Im not good at picking numbers, Might s well put some chips on red. Found out telsa's data centers prefer doosan turbines to power them. might more convincing to buy EWY.

MY latest picks kinda suck. Still cant find out any info on AJINY. Too many sells?

Think Chevron got more ceiling to it?

I just buy the world (large funds like VTSAX = VTI = vanguard total stock market index, and VXUS = vanguard total international.
VTI + VXUS = whole world market.
You are buying a little of the whole world.
If you buy VTI & VXUS & hold for decades you will be ok. Picking individual stocks is really hard. Like finding needles in a haystack.
Don’t look for needles. Instead buy the whole haystack.
Recommended Book: A Simple Path to Wealth, by JL Collins

 

[Westwind]

Don’t look for needles. Instead buy the whole haystack.

Stolen from Terry Savage- “Don’t try to beat the market, try to BE the market”

 

[Howboutthemdawgs]

Looking good

Fourth-quarter GDP revised down to just 0.7% growth; January core inflation was 3.1%

The PCE price index for January was expected to show headline inflation at 2.9% and core at 3.1%.

www.cnbc.com

 

[Brian662]

Looking good

Fourth-quarter GDP revised down to just 0.7% growth; January core inflation was 3.1%

The PCE price index for January was expected to show headline inflation at 2.9% and core at 3.1%.

www.cnbc.com

Your TDS is flaring up

 

[Bowsnbucks]

Nuclear is expensive, slow, and bad taste in voters mouths. Make their electric bill high enough,, they'll forget how to spell chernobyl. My school had a small training nuclear reactor. Fluor might be a builder, cameco sourcing the fuel, bechtel could be in on it too, IF nuclear AI is your interest, find out who is leading the way in europe, then see US trailing behind with those folks. Nuscale has some NRC approvals, but has a ways to go.

I worked on a couple nukes during my career of over 40 years. Nukes are the cleanest (zero carbon/greenhouse gas-wise) and most reliable power sources going forward. I live a few miles from one I worked on, and I have no fear of it. The problem that caused TMI to happen has been resolved for years. TMI only had one way to stop the reaction - which failed. Since TMI, all U.S. nukes have been retrofitted with multiple control systems, so if one system fails, there are still several methods to stop the reaction. Cranking the control rods into the fuel bank to stop the reaction can even be done manually if all the automatic systems fail, which won't happen. Nukes use a very small amount of fuel compared to filthy coal (the dirtiest fuel by anyone's measure), or even natural gas. Weather, wind, lack of sun, do not affect nuclear power production - it doesn't pollute the environment, either.

French engineers have discovered a way to use the lesser amounts of "juice" left in what are termed "spent fuel rods" to produce power. Spent fuel rods have been stored in de-mineralized water inside nuclear plants, which prevent radioactivity from escaping the spent fuel "pools"

You may know those things already, bigboreblr (don't you work for a power company in NY?), but most of the public does not. Fault the nuclear industry for not educating the American public about how nuclear power plants work, as well as their current-day, redundant safety systems. Chernobyl had a crappy design and a tin foil building as a wrapper on the reactors. U.S. plants have multiple, THICK, lead-encrusted, reinforced concrete walls to prevent leakage. Our nuclear plant designs are such that they be able to withstand a 747 jet crashing into the containment structures. The engineering is incredible.

A number of BIG-money investors like Bill Gates have put private money into new, smaller, site-specific nukes - and they don't toss money around haphazardly. Those BIG-money folks do their research before plunking down big $$$$, and they realize nuclear power is the way to go. I commented on nuclear power and its likely future as a clean, reliable, efficient way to produce electricity, in earlier posts in this thread. Fluor is a publicly-traded company, Bechtel is a private company held by only a few. Other companies that have built safe, reliable plants are Stone & Webster Engineering and United Engineers.

 

[Bowsnbucks]

I'm 69 years old, retired three years ago, self-employed last 23 years of my career.
Have lots of friends and acquaintances near my age. Many had good careers, saved and invested early, and are in pretty good shape. Saddest situations are folks that made good dough their whole work lives and will never be able to retire because they had new cars/trucks every few years, RV's, vacation cottages, boats, snowmobiles, travel, all financed with debt.

When it comes to financial security, one of the most important things to impart on youth is the concept of paying yourself first and the power of compound interest. Even if it's just a piddling amount, sock a bit away every month on autopilot into S&P500 index fund or equivalent and start young, keep going, don't stop, and don't even look at it for 40 years.

You sound like a Buffet/Bogle disciple!!! That's the way to get secure ...... start EARLY, invest on a regular basis, don't touch it, let the interest/dividends/capital gains compound over 40+ years. But - some folks have to keep up with the "Jones's" and buy all sorts of things. If one plays their cards right, they can buy new vehicles just off the interest, and not touch the principle.

 

[Bowsnbucks]

This will be a problem in the next decade. Cuts to social security will be the nail in the coffin to anyone who executes them.


View attachment 90356

And who is pushing for those Social Security cuts? Millions will suffer greatly losing money they ARE entitled to. Most of us have paid into it over our work careers, so we are entitled to it. It didn't happen by $$$ falling from magic clouds. Stealing rightfully earned money by pen-stroke.

 

[jsasker007]

No one will ever get all of the money back from what they paid into social security(oxymoron). Whatever isn't collected by the person who paid in should be passed on to living relatives or who/whatever they choose to leave it to. Not a donation given to the wasteful government who keeps raising the age so they pay you back the bare minimum of your own money that was taken from you your entire working life. jmho

 

[bwoods11]

We should be addressing the future of social security now… a new program for kids that are
18 yrs old now…get it up and running?

The old system does not work.

Is there an actual fund that has money in it ? I’ve read articles that it’s already gone, borrowed against ?

 

[buckvelvet]

Bought more VTI, VXUS & Avuv today. Just keep buying.

Do you generally set a buy and try to get your buys just a tad lower then 'todays' prices or do you just buy whatever the price is at the time?

 

[Tangler]

Do you generally set a buy and try to get your buys just a tad lower then 'todays' prices or do you just buy whatever the price is at the time?

I do the following:
1. when I have new income I buy (invest) regardless of the price.
2. If the market drops and I have some “spare cash” I buy a little more.
I do 1 & 2 and have done 1& 2 since I was in my 20s
I buy and hold. Keep for decades. I buy mostly the total US stock market (70%) & the total international stock market 30%.
I keep some cash for emergencies and for expected purchases.
I am not smart enough to pick individual stocks or utilize fancy trading strategies.
VTI, VXUS + cash

 

[buckvelvet]

I do the following:
1. when I have new income I buy (invest) regardless of the price.
2. If the market drops and I have some “spare cash” I buy a little more.
I do 1 & 2 and have done 1& 2 since I was in my 20s
I buy and hold. Keep for decades. I buy mostly the total US stock market (70%) & the total international stock market 30%.
I keep some cash for emergencies and for expected purchases.
I am not smart enough to pick individual stocks or utilize fancy trading strategies.
VTI, VXUS + cash

I'm sorry for being too 'prying' but I love these kind of stories, what decade of life are you in now? Did you start by investing direct through Vanguard or did you use another vehicle, have you changed investment account type over time or 'if it aint broke don't fix it' and just stayed with whomever you started with to place the funds? I'm just curious on the story. Great job on knowing 'back when' what to do, I wish I would have known something.

 

[Telemark]

I worked on a couple nukes during my career of over 40 years. Nukes are the cleanest (zero carbon/greenhouse gas-wise) and most reliable power sources going forward. I live a few miles from one I worked on, and I have no fear of it. The problem that caused TMI to happen has been resolved for years. TMI only had one way to stop the reaction - which failed. Since TMI, all U.S. nukes have been retrofitted with multiple control systems, so if one system fails, there are still several methods to stop the reaction. Cranking the control rods into the fuel bank to stop the reaction can even be done manually if all the automatic systems fail, which won't happen. Nukes use a very small amount of fuel compared to filthy coal (the dirtiest fuel by anyone's measure), or even natural gas. Weather, wind, lack of sun, do not affect nuclear power production - it doesn't pollute the environment, either.

French engineers have discovered a way to use the lesser amounts of "juice" left in what are termed "spent fuel rods" to produce power. Spent fuel rods have been stored in de-mineralized water inside nuclear plants, which prevent radioactivity from escaping the spent fuel "pools"

You may know those things already, bigboreblr (don't you work for a power company in NY?), but most of the public does not. Fault the nuclear industry for not educating the American public about how nuclear power plants work, as well as their current-day, redundant safety systems. Chernobyl had a crappy design and a tin foil building as a wrapper on the reactors. U.S. plants have multiple, THICK, lead-encrusted, reinforced concrete walls to prevent leakage. Our nuclear plant designs are such that they be able to withstand a 747 jet crashing into the containment structures. The engineering is incredible.

A number of BIG-money investors like Bill Gates have put private money into new, smaller, site-specific nukes - and they don't toss money around haphazardly. Those BIG-money folks do their research before plunking down big $$$$, and they realize nuclear power is the way to go. I commented on nuclear power and its likely future as a clean, reliable, efficient way to produce electricity, in earlier posts in this thread. Fluor is a publicly-traded company, Bechtel is a private company held by only a few. Other companies that have built safe, reliable plants are Stone & Webster Engineering and United Engineers.

I worked in radiation safety for a while, and we had to sign on on continuous learning from the NRC to keep our job. I am also a huge proponent on nuclear energy.

France's breeder reactors are a miracle in engineering. Now they are talking about building out their nuclear deterrent with the plutonium created by the reactors. This is another reason people can be anti-nuke. The Germans shut all theirs down, which was the dumbest thing their politicians have done.

I have a lot of hope for modular reactors. They can be brought in on a truck and plugged into the existing grid at a coal or gas plant. You can bring them in and take them out as needed. Or you can plonk one down next to a data center to power the huge power load the compute demands, and you dont add any pollution to the community. Fantastic technology that I see as the only realistic path to the green revolution and the AI revolution.

I completely agree the industry needs to start marketing itself to people unfamiliar with nuclear energy. We need it. I would love to stop using coal in the US. Chances are energy prices would come down, and thay would be great for our economy.