Quote:
Originally Posted by Fastskiguy
I'm assuming everybody here thinks they are but maybe not.
OK so let's do this....if you are underperforming the S&P 500 index please post below
Joe
PS I'm 70/30 stock/bonds so technically I'm underperforming the S&P 500 index
PPS I think threads like this are like the tipping threads where everybody claims they are tipping 25% or more.
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Over my adult lifetime I focussed on investing in income producing real property, not stocks. I have held some but not much money in stocks from my late teens. Stocks just didn't interest me. I never spent much time on them. They were my rainy day reserves, not my primary investments. My goal was not to risk losing too much money while hoping it would grow a little over time. I never compared my personal performance to the S&P 500. Still don't. It is irrelevant to my objectives. At age 80 I am cashing out of some of my RE investments and am looking to buy and hold good solid dividend paying stocks. Having recently received cash from a sale of real property I have put most of it into T-bills paying about 3%. I put maybe 25% of it into some stocks I knew a little bit about as I had held them a long time, mostly solid dividend paying stocks.
Stocks now comprise between 15 and 20% of my invested assets. I am learning about stock market investing but do not want to be adventurous.
My only stock market war story is in the mid 1980s I bought two shares of Berkshire Hathaway at about $3,000/share. Dumb luck on my part.