Posted on 02/14/2024 9:07:01 AM PST by Eccl 10:2
Not all investment is for a capital gain over time.
Some is for income. Stocks that pay a good dividend provide good income, but in states with income taxes that is taxable income. Bonds pay income, but in most states federal treasury bond income is not taxable, to the state. That makes some bond investments a good deal where some income, not just capital gains, is whate someone is looking for.
You quoted me as saying ”stocks are much better than bonds,”.
Your mal-quote of me is deceptively out of context.
In context, I said, in full:
"Note that in the long term, stocks are much better than bonds."
Which is a correct statement.
Peace.
ping
He first mentioned his risk-averse investing aftet he 1987 crash, and confirmed it some years later.
I've traded stocks for many, many years. Way back in the early 90's....I only traded O&G and Metals. Got my feet wet...Did well....made mistakes now and then...of course.
Things I learned. Have HARD stops.
Date them.....don't marry them.
I've learned alot from other people..but I know what I'm doing and my way..is just my way.
This current "M" is tough...but I'm still making money....it's harder...but doable.
FWIW-
And that is the best argument in support of bonds.
A stable income in stable times, not something to be laughed at or scorned.
One size never fits all, and that's why I enjoy hearing how other people approach money matters.
“Things I learned. Have HARD stops.
Date them.....don’t marry them.”
$$$$$$$$$$$$$$$$$$$
Excellent advice. I start keeping my stops at 1-2% below the buy price, putting them in IMMEDIATELY after I buy. Then if the stock goes up, I move up the stops, and tighten them to like 0.75% - 1% below the current price.
First priority is not to lose money.
“Good practice comes from experience. Experience comes from bad practice.”
“I’m still making money.”
So throw us a..bone ...
Where do you see this thing going?
What are you in/watching ?
What indicators do you follow closest?
...just a hint or 2 will do ... thanks
You think like I think,,,,,,,
I know a number of investors who have the accounts of some retired folks, and they all have some % of the portfolio in bonds.
Now, for a thirty or forty year old they may not do that, as getting more long term equitable value gains seems more important for a younger person’s portfolio.
It all depends on the needs of the person for whom the investments are made, and those needs can change over time, and can change with age as well.
The Market is a hard and unforgiving teacher.
Where do you see this thing going?
I don’t know....
What are you in/watching ?
Currently I like O&G...that is always what I look at
What indicators do you follow closest?
...just a hint or 2 will do ... thanks
I watch price action. I used to watch...many indicators..Too many to mention....I watch price levels..it works for me.
Here’s my email addie,,,okmeans@sbcglobal.net
I’d be happy to let you know what I do...and do not do.
I will say this..years ago I might have owned 20-25 stocks...These days less than 8-10
FWIW-
Jon
Yes it is.............I’ve made many mistakes...until I learned more about myself...and greed and fear.
Greed is the stronger emotion,,,Heed greed.
“Moderation in all things.”
That’s from a Book I’ve been reading lately...
Yeah...it’s a good Book.
Nice rally brewing today, BUT...
We still have a long way to go to hit short term highs. If we don’t, the Bears could start to growl.
Really ....?
You think I had malicious intent ?
Deceptively .... ?
I assure you I was simply highlighting the point I intended to address. As well as give other readers a bit of context to my post.
Your statement
“Note that in the long term, stocks are much better than bonds.”
Is true under certain limited circumstances, I was simply
seeking to open the door to a wider vision of the bond market.
1 year treasury yield reached upwards of 17.31% in 1981 ...
pretty sweet ..right?
One size never fits all, times change, variables change, risk management changes.
What is long term ..... 10 20 years? 50... 75 ?
Has there ever been a bad 10 year run for stocks?
I enjoy few things more then a good economics discussion/debate...I try to learn something every day.
I have no problem telling where I stand .... right...wrong...
or in the wind. And I try to give specifics that propel me in a direction.
This with the hope that if I'm miss reading or overlooking something... perhaps someone will enlighten me.
I'm very disappointed in your choice of “mal-quote” and “deceptively” to describe my reply. It leaves me with the impression that you ascribe some nefarius motive to me.
METC is still on the rise ..... any thoughts?
NDX is running ...
10 yr down
$ down
Been years since I had a LT trade.
Do you actively trade those ?
I simi-day trade.... when I'm board or it's raining 0-)
more fun than a bass boat ...
and for thrills and chills ....all aboard the Q train
Forgive my ignorance but .... O&G ? oil and gas ?
Good luck..
Fair enough
I don’t think I can help you....
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