Investment Thread

[bundabergdevil]

Ok, I’ll be honest, that’s B.S.

Which part? Exercise some specificity.

[Jeffrey]

Which part? Exercise some specificity.

Most of it. Specifically, the bolded part...

But let's be honest, the best and brightest MBAs, finance wizards, and the biggest companies and countries in the world all have the same problem as your average idiot with a credit card. Over-extending ourselves is just how our species gets down and it will catch up with the U.S. eventually.

[bundabergdevil]

Most of it. Specifically, the bolded part...

Hah hah. Couldn’t help yourself could you. Seems a pretty benign point, if you want to articulate specifically what you disagree with, let it fly.

[Bluedog]

At least for my 401k, (knock on wood) it appears like my V shaped recovery took from a high end January 2020 to a low in March 2020 before returning to a January like number at the end of May.

I hope others are experiencing similar or better.

Well, you must not quite be invested in the total stock market...US Total Stock market still down ~7% from Jan (S&P 500 down 6%). If you hold international or small-cap those are down more at -15% and -14% respectively. So, for a typical mix of 70 US/30 Foreign, one would be down about 9.4% from Jan. I personally skew to Small Value, so am down a bit more (but have seen a big upswing as of late)...Still, the resiliency of the market is definitely interesting given the economic and corporate numbers.

[fuse]

Well, you must not quite be invested in the total stock market...US Total Stock market still down ~7% from Jan (S&P 500 down 6%). If you hold international or small-cap those are down more at -15% and -14% respectively. So, for a typical mix of 70 US/30 Foreign, one would be down about 9.4% from Jan. I personally skew to Small Value, so am down a bit more (but have seen a big upswing as of late)...Still, the resiliency of the market is definitely interesting given the economic and corporate numbers.

I may have posted holdings upthread somewhere.

A bunch of Fidelity mutual funds (international and domestic), and a few individual stocks like Amazon, Microsoft, Apple, and Gilead.

[Bluedog]

I may have posted holdings upthread somewhere.

A bunch of Fidelity mutual funds (international and domestic), and a few individual stocks like Amazon, Microsoft, Apple, and Gilead.

Yes tech and biotech have held up well.

[fuse]

Yes tech and biotech have held up well.

AMZN
IVV
MSFT
AAPL
GILD
JNJ
FIVFX
FNBGX
FOCPX
FTQGX
FXAIX

Pretty much covers it.

[Edouble]

Yes tech and biotech have held up well.

They've done more than held up, they've flourished.

[YmoBeThere]

Well, color me surprised by the market's continued upward trajectory.

[PackMan97]

Well, color me surprised by the market's continued upward trajectory.

The wise things get, the better the market does.

[OldPhiKap]

“When the going gets weird, the weird turn pro.”

— Hunter S. Thompson

[Jeffrey]

“When the going gets weird, the weird turn pro.”

— Hunter S. Thompson

IMO, that's the perfect quote for the occasion! Breaking old, previously successful, habits was very hard. My new approach is the same as when I wrote this two months ago...

https://forums.dukebasketballreport...78#post1244878

[OldPhiKap]

IMO, that's the perfect quote for the occasion! Breaking old, previously successful, habits was very hard. My new approach is the same as when I wrote this two months ago...

https://forums.dukebasketballreport...78#post1244878

"There's a new dance craze sweepin' the land
First you get out of bed, then you attempt to stand
You get out of bed, you get to your feet
You got to just stand there, you can't retreat
Now here comes the hard part, it's bad news
You got to bend over and put on your shoes

Over in the bed lies your sleepin' wife
Snorin' like a sailor, she's the love of your life
But that women is a martyr and you know it's true
Who the hell else would put up with you?
You got a brand new dance and it goes like this
You wake up in the mornin' and look in to the abyss."

-- Loudon Wainwright III

[OldPhiKap]

Or as Todd Snider would say:

"So now I got a brand new dance
I need one more shot
I just need one last chance
I know I won't get caught

I gotta make my last stand
This time I can't be bought
But then again on the other hand --
How much have you got?

I got nothin' to lose, I got nothin' to gain
It's like a one way ticket to cruise in that passin' lane
I can't complain."

[Jeffrey]

“When the going gets weird, the weird turn pro.”

— Hunter S. Thompson

Once in a while you get shown the light,
In the strangest of places if you look at it right.

- Robert Hunter

[Jeffrey]

Once in a while you get shown the light,
In the strangest of places if you look at it right.

- Robert Hunter

Sometimes the lights all shining on me,
Other times I can barely see,
Lately it occurs to me,
What a long strange trip it's been!

- Robert Hunter

[OldPhiKap]

"All that I am asking for, is ten gold dollars
And I can pay you back with one good hand."

-- OPK retirement plan

[Jeffrey]

"All that I am asking for, is ten gold dollars
And I can pay you back with one good hand."

-- OPK retirement plan

Ask me for a dime, a dime for a cup of coffee?
I got no dime, but I got some time to hear your story.

[cspan37421]

"All that I am asking for, is ten gold dollars
And I can pay you back with one good hand."

-- OPK retirement plan

I've got no chance of losing, this time.

[OldPhiKap]

Ask me for a dime, a dime for a cup of coffee?
I got no dime, but I got some time to hear your story.

Here's a half a dollar, if you dare
double-twist when you hit the air.



(Okay, I'll stop before I try to work in something about the transitive nightfall of diamonds . . . .)

(Or the $1,000 in Dupree's Diamond Blues . . . .)

(Or the terrible "she wants money" -- ugh)