Posted on 12/04/2017 2:37:57 AM PST by SteveH
any recommendations?
Visit your local casino.
Have some fun while you lose your money!
djia = 24231.59 (last friday)
Where does one put their money when we’re in an Everything Bubble, driven by dark money that has poured in from the world’s central banks?
Look at it this way: we are living with unaccountable, unacknowledged Financial Repression; you are one of the cows being milked, the sheep being sheared.
but short term, the market is set for overall good news... yes?
Been in the market since 1994.
Started with $35k. Now have $800k.
Work hard. Keep a budget. Watch your spending. And invest at least 10% of your before tax income. Mutual funds are best.
Stick with the big companies:Vanguard, Fidelity, Schwab.
And,for the love of God, don’t try to “time” the market or panic and cash out when it heads south. I did that once and lost $10k I never got back. But maybe that was money well spendt because I learned to hang in there over the long haul.
I stayed in the market during the Dot Com bubble and throughout the Great Recession...all the way down to 6300 from 9300 and now the market is flirting with 25,000.
Just be disciplined and keep a cool head. It does pay off but it takes time.
Well, here’s my $0.02. I’ve been a long-term buy and hold investor for forty years, and have been reasonably successful. I do almost no “trading.” Right now, I’m looking to sell some equities. In the fall of 2015, I was buying some Big Oil. It’s beginning to pay off now.
I suggest a lot of the good news is already priced into the market - tax cut, good earnings, etc.
Here’s what one of the world’s richest men advised.
“Buy when everyone else is selling and hold until everyone else is buying. That’s not just a catchy slogan. It’s the very essence of successful investing.”
-J. Paul Getty
4 star 5 star balanced index fund from one of the 3 firms mentioned in # 6, Pull the trigger DCA into it and never look back.
Dont go to a “stock broker”
“we’re in an Everything Bubble, driven by dark money that has poured in from the world’s central banks”
Who told you that, Paul Krugman?
S&P Index Mutual Fund. Slow and steady wins the race.
DCA: dollar cost averaging.
https://www.investopedia.com/terms/d/dollarcostaveraging.asp
Dollar-cost averaging (DCA) is an investment technique of buying a fixed dollar amount of a particular investment on a regular schedule, regardless of the share price. The investor purchases more shares when prices are low and fewer shares when prices are high.
12/04/2017 the markets are up already so very much this year that it is time to be selling to take profits rather than to be buying at these prices. The quite time of the year starts 12/15/2017 for end of the year inactivity. Ultra long term stocks would include Dis (Disney). Or try HIMX at a lower price. Stocks will be up today. Best to have bought last Friday. Not today which is Monday. Some people like AMD at less than 11.0 or SHOP at less than 104.00 per share. Buyer beware. It is not just at what price you buy. It is how long you hold and at what price you sell. Sometimes it is best to sell the day before the earnings report. Buy before the rumor which sends the price higher and sell before the news which sends the price lower.
Technology, Financials and Health Care are some better sectors.
One good company stock possibility on a pullback is NVDA.
If you don’t have a lot of money, stick with ETF’s like the financial sector XLF
Or just buy the S&P 500 ETF: SPY
Good luck! If you don’t know what you’re doing, consult a professional. Don’t rely on us on a forum. Do your research before you get anything!
Sorry, but Krugman is a neo-Keynesian who is apparently blind to soverign debt bubbles and to abuses of central banks.
thanks.
do ETFs take immediate effect or end-of-the-day?
what about energy sector (given good news there)? eg valero?
ETF’s are immediate.
You be careful!!
so far i am looking closely at two stocks: BCO (brinks) and GE (general electric).
these are more or less place holders while i try to find some more rational choices (lol).
“the markets are up already so very much this year that it is time to be selling to take profits rather than to be buying at these prices.”
We are at market highs in many sectors. Buying high and selling low is not a good investment strategy. Some would say wait for the correction before getting in. I would say that is not bad advice.
I like companies that have an interesting product that is undervalued for its potential. What I'm lousy at is knowing when to sell.
“Sorry,...”
Apology accepted.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.