Click here: to donate by Credit Card
Or here: to donate by PayPal
Or by mail to: Free Republic, LLC - PO Box 9771 - Fresno, CA 93794
Thank you very much and God bless you.
Posted on 05/29/2026 9:19:30 AM PDT by Steven Scharf
Dow Jones Industrial Average Last Updated: May 29, 2026 at 12:15 p.m. EDT 51,007.80 338.83 0.67% Previous Close 50,668.97 05/29/2026 12:14 PM EDT
(Excerpt) Read more at marketwatch.com ...
|
|
Click here: to donate by Credit Card Or here: to donate by PayPal Or by mail to: Free Republic, LLC - PO Box 9771 - Fresno, CA 93794 Thank you very much and God bless you. |
Oops, jsut looked, just under 51K now.
It’s just psychological.................
I bought DELL at 79.00. Sold a month ago at 173.00.
It is now over 400.00 in one month. Jeez.
The best thing is to not look...
I only own DJT. It’s had a nice bump to $9.43, but I bought it at nearly $50.
What do you think about the SpaceX IPO, I’m thinking about it.
What do you think about the SpaceX IPO, I’m thinking about it.
An unusually good day. And I'm a newbie at it, so don't click like or subscribe. LOL I can lose money as fast as I gain. The options account is a tiny portion of our portfolio, just experimenting for now in my quasi-retirement.
I’m definitely thinking about the SPCX IPO.
I can’t do individual stocks. My nerves can’t handle it. Better for me to stay with index funds.
Dow was 777 in August, 1982, a few months before the Reagan Bull Market kicked off.
I lost $1k in 3 hours. My funds are conservative-too old.
I’m thinking about it just to possess what will be an Historic Certificate.
When you withdraw 4% annually to live off of (or 1/3rd of 1% monthly), withdraw from whichever fund(s) has the highest balance (sell high). So if you have $1 million total, withdraw $40K (4% of $1 million) from whichever mutual funds have the highest balance (maybe $10K each from the highest four). Or if you do it monthly withdraw $3,333 from the one mutual fund with the highest balance.
You don't have to watch market news and hear from people who pretend to know why some asset classes are up now while others are down. You simply withdraw from the highest balances (sell high). Likewise, to the young people in your family who are working and investing, invest that month's investment amount into whichever mutual fund has the lowest balance (buy low). That one simple technique makes a diversified portfolio operate with more net gains than the sum of its parts.
“SpaceX IPO, I’m thinking about it.”
Me, too. I remember well the IPO days of Google and Amazon and thought “Maybe I should get in.” It was the talk of the day at the companies I was at. I worked in Silicon Valley and was steeped in all that. I didn’t buy.
My wife was at Apple for ten years in the early days and had a lot of options. The company cratered when Jobs left and there was a succession of absolutely horrible CEOs (Amelio, Sculley, Spindler) who cratered the stock. We watched the stock slide from 100 down to 13 and I convinced my wife to get out before her stake went to zero. Biggest mistake of my life! Jobs came back and saved the company not long after that.
“My wife was at Apple for ten years in the early days and had a lot of options.”
Almost 30 years ago my wife went 100% AAPL in her Roth IRA.
Index funds are the way to go, IMO. Dirt cheap and excellent results.
Yesterday, on the heels of a 6 billion dollar agreement with AMAZON, it jumped almost 40% and is still climbing.
Point being….
I suck.
Wow! What a brilliant investment. Hang onto her!
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.