Thread: Investors Club
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Old 08-20-2017, 11:42 AM
Boomer Boomer is offline
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Quote:
Originally Posted by suesiegel View Post
Morningstar fund xray-it is free and will tell you how you are invested ie percentage large cap, small cap, foreign, domestic, stocks bonds.

If you hold several individual stocks or are interested in individual stocks, you may want to sign us for SEEKING ALPHA-it too is free. You will receive via e-mail all of the articles written by members on the stocks you have on your list. Far more efficient then looking for them.

As to all the STUFF we read that says BUFFET LIKE it makes me laugh. First of all we or at least I do not have access to the market where Buffet trades. We read Buffet is buying ???????-HE HAS ALREADY BOUGHT IT. Then, people buy-well Buffet BOUGHT IT it must be good. I for one wonder about a guy who is 80+ and is buying stocks for LONG TERM

WE/I am not BUFFET LIKE-we are the pawns upon which sharks like Buffet feed.

WE all heard that PRO OBAMA, Buffet speech that he pays a lower tax rate than his secretary. What a deliberately misleading pile that many bought into. Buffet's secretary is on call 24 hours a day 7 days a week you can bet he or she is well paid. Buffet at the time he was giving that MISLEADING SPEECH had already given as much as he legally could to the Obama campaign so the threw a fund raiser for Obama in Chicago to shake down his friends and business associates to give more to Obama. LOOK NOT AT WHAT BUFFET SAID BUT AT WHAT BUFFET DID. Bank of America-we all know Buffet put money into Bank of America. BUFFET LIKE? Had Buffet bought BONDS in BOA he would have paid the top tax rate on the dividends. Buffet, bought PRIORITY SHARES, that did not even exist, in BOA and the stock dividends have a top tax rate of 15%. BUFFET LIKE? .

Ya know, suesie, I used to think about doing a little presentation at the Investment Ed Club. I would have talked about....

How to be confident when tiptoeing into investing.
Knowing yourself.
Getting a little start.
Not betting the whole farm--just the butter and egg money.
Building a moat around your stocks.
Doing the sleep-at-night test.
Watching out for guys who want to buy you dinner first.
Buying what you know.
How not to panic.
Learning from your/my mistakes. (I bubble-danced in the 90s.)

And a few other things.

Of course, I know I might have to contend with a few know-it-all types, feigning boredom or foaming rabid -- just like in your post AT me. (The first part of your post was helpful to the question at hand. The second part, with all the CAPs???)

Oh well, please don't worry about me. I'm fine. Thank you very much.

Boomer

Last edited by Boomer; 08-20-2017 at 02:47 PM. Reason: To clarify reason for my snarkiness