Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
#61
|
||
|
||
![]()
Interesting actually. I SKETCHED out a proven method of creating wealth using the stock market. It was aimed at and would be useful for a neophyte young investor (such as a Villagers children or grandchildren that have the advantage of TIME. It is a SKETCH, not a fully formed Rembrandt. For me to cover each and every detail of investment theory such as how to deal with investments during a recession or market crash, I would have to write a BOOK. And that would not be helpful anyway because many good investment books have already been written.
Warren Buffet found his own mentor by reading a book titled, "The Intelligent Investor" by Ben Graham. There are also several books written about Warren Buffet and his investment philosophies. A Villager's children or grandchildren could START with my simple SKETCH and read their way into becoming their own investment Rembrandts. ..........Incidentally, a recession or "market crash" is a disaster for some, and a GREAT OPPORTUNITY for others! Everyone says, "buy low and sell high" but not everyone has the patience and mental toughness to actually SAVE money during the good times (high market) AND the guts to BUY during the bad times (recession and market crash). In general, that would fall under the heading of "market timing". And I appreciate everyone that stuck around to read my "to be continued" post. |
|
#62
|
||
|
||
![]() Quote:
|
#63
|
||
|
||
![]() Quote:
![]() |
#64
|
||
|
||
![]()
Research who his family is...History repeats itself...2008---
|
#65
|
||
|
||
![]() Quote:
It also proves that he is FLEXIBLE enough to change to meet new conditions. Also not let his EGO get in the way! Look at all the anguish that BitCoin investors are going through. Berkshire Hathaway investors can sleep more soundly at night than their counterparts, the cryptocurrency investors (gamblers)! |
#66
|
||
|
||
![]() Quote:
|
#67
|
||
|
||
![]() Quote:
|
#68
|
||
|
||
![]() Quote:
|
#69
|
||
|
||
![]() Quote:
__________________
Most things I worry about Never happen anyway... -Tom Petty |
#70
|
||
|
||
![]() Quote:
|
#71
|
||
|
||
![]() Quote:
__________________
Most things I worry about Never happen anyway... -Tom Petty |
#72
|
||
|
||
![]() Quote:
SB-F will also likely outwit the Congress-people Last edited by jimjamuser; 12-03-2022 at 02:07 PM. |
#73
|
||
|
||
![]()
I must have had a pulse years ago (not sure today) because I bought Apple (AAPL) at about $ 25 and sold it at around $ 50. I bragged to everyone about how smart I was. Then, it began doubling and I was no longer smart.
|
#74
|
||
|
||
![]() Quote:
El Salvador is working on mining bitcoins using thermal energy from volcanos. They are close to issuing Bitcoin backed bonds referred to as "volcano bonds". More and more mining is done using excess energy that gets wasted otherwise. Flared gas from drilling, excess hydro power that can't be used, etc. No doubt it uses a lot of energy though. |
#75
|
||
|
||
![]()
I started buying apple around 2005. Usually as it was running up. I then got to feel stupid as it dropped back down below my purchase price. That seemed to happen every time I bought more. But I held on and now I'm writing covered calls and cash secured puts when my shares get called away. Working great so far.
|
Closed Thread |
|
|