Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
#16
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Really
The spelling police. How are things in your perfect world
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#17
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At our Age you shouldn’t be in the Stock market ….. Financial Advisors are milking you & your money
Bonds & wine … Last edited by RICH1; 12-27-2022 at 06:56 AM. |
#18
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And why do people not factor in that money is worth less the older you get? Your health and mobility are going to go downhill. Few will cheat Father Time here
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#19
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Gambling
If you enter the stock market and rely on the increase and the decrease on the value of a stock, you are a gambler. As many have said the market has a history of profitably in the long run. I myself do not rely on the volitivity of a stock but am satisfied with dividends. You invest in a utility that might only return around 5%, it's not like hitting the lottery but it's better than what the bank is paying and unless there is a total collapse of the economy it's a more reliable barometer where you will find yourself financially at the end of the year. If the original poster does not want to lose sleep, he should look for another way to invest his money.
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#20
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I am no longer amazed at the number of people who claim to have perfectly timed the markets, when a downturn or upturn occurs. I'm sure that posting anonymously on boards, without needing to show/prove these perfect moves and amazing gains...is simply a pure coincidence. lol Although he is hated by many, I'll just stick with that guy in Omaha's advice and primarily buy/hold - as it has served me very well in the last 40 years. |
#21
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Back then they said, keep 6 months of cash for a job loss, how about 3 years of not being able to find a job? Happened to my boss at a different time period as well. financial disaster can happen to anyone, one might not be able to see how because the future is always uncertain. . . the trick is to maintain capital, there will be down years. . . And yes, i have talked with plenty of people who time the market for a living, have been in live trading rooms with people trading for a living. . . . many live in FL. It requires a certain personality and lots of dedication, but it can be done, and with python software, writing trading algorithms is becoming easier and easier. . though my learning python is slow. . . with this stupid 10 hour a day job. Quitting in June after my 401K is fully funded for the year. . hint: the options trading and expiration cycle has a huge influence on daily / weekly price action. trading guy |
#22
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Yep, another crash around the corner and with the latest wasteful $1.7 Trillion spending bill, inflation will continue.
Odd, that most of these companies you stated are the ones ruining and running this country. |
#23
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Even the longest investment streak with Bill Miller had a single down year, but higher every other year involves some buying / selling (or equity timing) of individual stocks. . And that's the job of an active management fund, to buy and sell stocks for gains and minimizes losses. The phrase "No one can time the market!" is a marketing phrase to convince/sell to the mutual fund / active management customers to give portfolio managers their money so that they can do it. If you don't think you are being manipulated by advertising, just repeating that phrase means you are. |
#24
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I do fully understand though, your point about the marketing phrases used to try and get people to use a company to manage their investments. I have found that there is no one who is more interested in my investments and financial stability than myself, which is why I have never used anyone else. I also didn't mean to imply that I never change funds/individual stocks, as I do occasionally depending on what I see/think are trends. With the advent of the internet and the massive amount of info that is now available, even for those of us who are not privy to what is basically (but legal) 'insider info' and microsecond trades - I can't imagine paying someone to manage my money. |
#25
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Yea, & when will they start on our bank accounts, they’re coming !
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#26
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Yes, there are some very good points, and logically the longer the post, the MORE likely that there is an insignificant error or two. Short posts rarely have speling errors.
Tee Hee.........pun intended. |
#27
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It depends on what you’re looking for and what is the final goal. My wife and I have been retired for over 12 years. We live in the Villages and have a comfortable life that is fully cover by our pension and social security. We also have 401Ks which we only draw the RMD that is required. As I said in an earlier posting we are not speculators in the market but rely on dividends that is totally reinvested. Eventually one of use will pass on and at that point the dividends will cover cost the of lost income. When we are both gone our children will be left with a decent inheritance. Granted we don’t have a 50’ boat or a second home in the Bahamas, but we have a happy life without any worries. If I had to do it over again and was younger there are legal ways to make guaranteed return on your investments other than the stock market. |
#28
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But, picking a portfolio of INDIVIDUAL stock is also difficult. That's why God made ETFs. And be aware that a MILD recession is predicted for 2023. |
#29
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Today, there is a bull market FOR betting AGAINST a bull market.
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#30
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