Posted on 12/26/2019 8:55:24 AM PST by John W
Stocks climbed on Thursday, hitting new record highs, as the market rallied into the end of 2019.
Stocks have been piling up new records as the market wraps up 2019. The S&P 500 has risen 2.9% this month and 8.6% this quarter, bringing the year-to-date gains to 29%. The benchmark has a chance at scoring a historic year: It is less than one percentage point away from posting the best annual performance since 1997.
(Excerpt) Read more at apple.news ...
“What goes up....”
GNRC. LK, CODI, BX, all continue to do well.
Impeachment has been a boost to the economy. What were Democrats thinking?
It should have flatlined by now!
....will definitely come crashing down like a ton of bricks if the Treasonists succeed in stealing the election for Fauxcahontas Warren or Commie Sanders.
DOW
28,575.32 +59.87 (0.21%)
Happy Boxing Day!
““What goes up....””
Keeps going up when you have the right person in office.
What say ye, Mr. Krugman?
On average and as far back as you want to check the DJIA has advanced 2 of every 3 days and the average annual return has been just over 8%.
Invest, stay invested, regular additions, rebalance as needed, reinvest all distributions and thru the miracle of compounding became if not rich at least very comfortable.
Recession is just around the corner.
WINNING!
Gold & Silver continue to stay UP, as well! This is the first time in my adult life when ALL of my investments have gone UP at the same time - PMs, IRA, Land & Savings. (Miniscule on the savings, but I’ll take it!)
Y’all know I’m one to preach diversification when investing, so...
Mama Like! :)
exactly!
“Invest, stay invested, regular additions, rebalance as needed, reinvest all distributions and thru the miracle of compounding became if not rich at least very comfortable.”
Excellent, succinct advice!
How about abolishing pedophilia and human trafficking?
Then, when you retire, live off the divvies.
“Invest, stay invested, regular additions, rebalance as needed, reinvest all distributions …”
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Excellent advice, billyboy15-!
When I retired one of the brokers I decided to use after research warned me about getting too nervous when the various markets dip.
I assured him that watching my husband’s caring of his own finances (and those handling his monies) taught me to look forward into the long term and not panic.
Taking peeks into my individual stocks is great therapy.
It’s terrible that most elementary schools opted out of having savings books for children. One of our local banks has started marketing checking accounts for 14 years and up to get the youngsters used to balancing books and managing their own funds. Parental signatures are required, of course.
For gifts I give small books of 25 one dollar bills. The feedback has been nothing except positive. The parents tell me the kids having to actually tear out each dollar bill causes them to ‘feel’ the purchase. It’s a small start that enables them have to actually make the decision to purchase or not purchase.
LOL
Other advice I have read multiple times but admit I do not follow is to NOT check the value of your portfolio daily, weekly or even monthly (I do monthly) but instead do it quarterly. This will reduce your anxiety during down markets and help insulate you from the panic which can effect many people as they see their savings diminish.
Other advice I have read multiple times but admit I do not follow is to NOT check the value of your portfolio daily, weekly or even monthly (I do monthly) but instead do it quarterly. This will reduce your anxiety during down markets and help insulate you from the panic which can effect many people as they see their savings diminish.
For gifts I give small books of 25 one dollar bills. The feedback has been nothing except positive. The parents tell me the kids having to actually tear out each dollar bill causes them to ‘feel’ the purchase. It’s a small start that enables them have to actually make the decision to purchase or not purchase.
LOL
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great idea.
where can you get a book of dollar bills made up these days?
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