|
Post by Bwoods11 on Jan 30, 2018 22:34:22 GMT -6
Market will be up tomorrow
|
|
|
Post by MoBuckChaser on Jan 31, 2018 5:18:53 GMT -6
Market will be up tomorrow Wow, that's going out on a limb after that speech......LOL! Lets just see if we gain back 400!
|
|
|
Post by Freeborn on Jan 31, 2018 5:19:35 GMT -6
^I saw yesterday where Chuck Shummer was saying that Trump inherited a good economy from Obama and the current economic increases are from Obama policies, what a crock. The Democrats hate the message Trump is spreading and that is government is not the solution to our problem, government is the problem. It's as true today as it was when Regan said it.
|
|
|
Post by MN Slick on Jan 31, 2018 7:03:27 GMT -6
For the guys who buy individual stocks as opposed to mutual funds how do your annual returns compare to the DJIA over the same time frame? I have friends who buy individual stocks and I hear about how much this one or that one increased in value, but I question whether on average they beat a standard mutual fund once the all the stocks are tallied up. I think guys can get lucky picking over the short term, but I struggle to think you could consistently beat a decent mutual fund by a large margin. Maybe I'm wrong though. I know I likely won't do better than the average, so I stick with a solid mutual fund or two and call it good. Good question right here. I too have wondered how they do against the market.
|
|
|
Post by MoBuckChaser on Jan 31, 2018 7:27:21 GMT -6
For the guys who buy individual stocks as opposed to mutual funds how do your annual returns compare to the DJIA over the same time frame? I have friends who buy individual stocks and I hear about how much this one or that one increased in value, but I question whether on average they beat a standard mutual fund once the all the stocks are tallied up. I think guys can get lucky picking over the short term, but I struggle to think you could consistently beat a decent mutual fund by a large margin. Maybe I'm wrong though. I know I likely won't do better than the average, so I stick with a solid mutual fund or two and call it good. Good question right here. I too have wondered how they do against the market. Just look it up. The more guys buy and sell stocks, the greater the chance of not beating the market average. Its a fact.
|
|
|
Post by Foggy on Jan 31, 2018 8:56:42 GMT -6
For the guys who buy individual stocks as opposed to mutual funds how do your annual returns compare to the DJIA over the same time frame? I have friends who buy individual stocks and I hear about how much this one or that one increased in value, but I question whether on average they beat a standard mutual fund once the all the stocks are tallied up. I think guys can get lucky picking over the short term, but I struggle to think you could consistently beat a decent mutual fund by a large margin. Maybe I'm wrong though. I know I likely won't do better than the average, so I stick with a solid mutual fund or two and call it good. Good question right here. I too have wondered how they do against the market. ^ I have a blend of mostly individual stocks and other funds,bonds and alternative investments. My individual stocks are measured against the S&P index and we struggle to beat the S&P index.....sometimes we do....other times not (but I have lower beta stocks (less volatile) that pay dividends so that is to be expected.). Other parts of investments are measured against other boggies and indexes. Most folks would be happy to meet or beat the S&P 500 index.
|
|
|
Post by sd51555 on Jan 31, 2018 10:37:07 GMT -6
I have a simple strategy I employ. Seek out proven performers, and avoid obvious no-growth companies. It’s worked gangbusters since I got it all straightened out.
|
|
|
Post by MN Slick on Feb 1, 2018 8:18:25 GMT -6
Good question right here. I too have wondered how they do against the market. ^ I have a blend of mostly individual stocks and other funds,bonds and alternative investments. My individual stocks are measured against the S&P index and we struggle to beat the S&P index.....sometimes we do....other times not (but I have lower beta stocks (less volatile) that pay dividends so that is to be expected.). Other parts of investments are measured against other boggies and indexes. Most folks would be happy to meet or beat the S&P 500 index. Thanks Foggy. Your last statement is why I simplified and went with Index funds. I figure if 80% of the "pros" can't beat the market and worse yet the 20% that do change each year the easy answer is own the indexes at a very low cost.
|
|
|
Post by chummer16 on Feb 1, 2018 10:36:08 GMT -6
Anyone have Berkshire Hathaway? That seems to beat the S&P every year.
|
|
|
Post by Foggy on Feb 1, 2018 11:29:26 GMT -6
My investment guru's sold some of my Amazon today......and bought some Chevron. Reduced the beta here. Been doing a few of these sort of trades to take some "hot money" off the table. They think this market is quite overbought. OTOH....they been looking for a correction for some time......thus I have missed some opportunity with cash. They best be right. .
|
|
|
Post by Bwoods11 on Feb 1, 2018 11:33:01 GMT -6
Anyone have Berkshire Hathaway? That seems to beat the S&P every year. I wish...I thought about it back in 2006 or so? But wow, the price tag. The A and B shares, I don't remember when that changed.
|
|
|
Post by Foggy on Feb 1, 2018 11:58:57 GMT -6
I love looking at long term results of stocks. Say over 10 or 20 years. Not very many good companies are losers over this time frame(s). Yep.....every now and again you can cite an Enron......but that is why you diversify with a large number of stocks to blunt the effects of a bad apple. Look At 3M, Boeing, Medtronic, APPLE, AMAZON, etc. Yowsir!
|
|
|
Post by sd51555 on Feb 1, 2018 15:05:08 GMT -6
My investment guru's sold some of my Amazon today......and bought some Chevron. Reduced the beta here. Been doing a few of these sort of trades to take some "hot money" off the table. They think this market is quite overbought. OTOH....they been looking for a correction for some time......thus I have missed some opportunity with cash. They best be right. . That's a damn decent idea Foggy. I read that about 6 minutes ago and trimmed my Amazon and Google positions a little. They both report at 3:30 today. Could get turbulent if they miss at all. Then again, Amazon could make a comment about their pharmacy venture and it goes straight to $1700 within the next hour. Either way, not a bad idea to make some cash on hot ones. I sold some Tractor Supply at $80 two weeks ago. Bought those shares back today at $70. That company puzzles me. Every single metric exceeded expectations yesterday and they just got murdered today. Rising revenue, same store sales growth, opening stores, margins going up, increased year end profit outlook, tax savings, cash flow going up, costs decreasing etc. Market still pummels the piss out of it. To which I ask, "How long can an Amazon resistant company that is reliably growing on all fronts be held down?"
|
|
|
Post by MoBuckChaser on Feb 1, 2018 15:07:26 GMT -6
Anyone have Berkshire Hathaway? That seems to beat the S&P every year. I think 6 of us could go together to buy one share! LOL! Big time money there man!
|
|
|
Post by sd51555 on Feb 1, 2018 15:11:31 GMT -6
Anyone have Berkshire Hathaway? That seems to beat the S&P every year. I think 6 of us could go together to buy one share! LOL! Big time money there man! That's my sentiment exactly. I think they have some B shares or something the are priced more affordably. But that isn't as cool, and probably won't get you beads at the big Omaha party.
|
|