2020 Stocks Start Off With A Nice Gain.

I'm amazed at the strength of this Bull market....and wonder how much longer it can last. The financial news "analysts" predictions are all over the place, but most seem to agree that this market will continue to remain positive until the election season ramps up. I hope they are right.
 
Don M. said:
I'm amazed at the strength of this Bull market....and wonder how much longer it can last. The financial news "analysts" predictions are all over the place, but most seem to agree that this market will continue to remain positive until the election season ramps up. I hope they are right.
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Bull markets have never ended with so much pessimism
 
It's fun to watch investments rise in value. My portfolio's return was 22.8% last year. But realistically I know what goes up must come down so so it's not a matter of if a bear market will start but when. Lord knows "they" have been predicting it long enough. I never panic because my investments hold up well even in down markets and I don't need to touch them anyway.
 
the cycles are all part of the deal ..but there are portfolios that plan for these dips . lots of all weather portfolios out there that make money in good and bad times. there are four major economic outcomes .

recession
depression
prosperity
high inflation .

conventional portfolios are weighted only for prosperity to do well .. all weather make money in all 4 parts
 
Glad my wife didn't listen to me. Back in June of 2010 she was looking for a stock to add to her self directed IRA portfolio. She bought 500 shares of Tesla at the IPO offering. I kept telling her that she should have bought something with a dividend reinvestment option. Over the years Tesla stock increased in value I thought she should jump on a nice gain but nooooo she wasn't ready. Last Monday the 3rd. she was ready and sold @$902.00 a share.

I like the 2020 stock market
 
OneEyedDiva said:
It's fun to watch investments rise in value. My portfolio's return was 22.8% last year. But realistically I know what goes up must come down so so it's not a matter of if a bear market will start but when. Lord knows "they" have been predicting it long enough. I never panic because my investments hold up well even in down markets and I don't need to touch them anyway.
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It's been great and with the stocks we own and the income we get from them I do not worry as the dividends will keep coming or go up. I just enjoyed how ell we have done the past three years...I have not been that good. ;)
 
Knight said:
Glad my wife didn't listen to me. Back in June of 2010 she was looking for a stock to add to her self directed IRA portfolio. She bought 500 shares of Tesla at the IPO offering. I kept telling her that she should have bought something with a dividend reinvestment option. Over the years Tesla stock increased in value I thought she should jump on a nice gain but nooooo she wasn't ready. Last Monday the 3rd. she was ready and sold @$902.00 a share.

I like the 2020 stock market
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Do you remember the price per share when she bought the stock Knight?
 
OneEyedDiva said:
Do you remember the price per share when she bought the stock Knight?
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Diva, I just looked it up, TSLA IPO was on 6/29/10 at $17.

Great for Knight's wife, she bought at the low and sold at the high. Great timing! Me, I bought at $185 last year, and sold at $435 last month, and then was kicking my ass when it went to $980! Just glad it was only 5 shares. LOL The Arabians sold last month before the big rally, they really have had regrets since they lost billions in profit. They only kept 39k shares.
 
Gardenlover said:
It's all just paper until you have the gold in hand.
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Actually that couldn’t be more wrong .... it is all your money at any point in time ...you just choose to keep the money in play each day either in the same or different investments .

Even cash varies as inflation eats away at your purchasing power .....

So never think losses or gains are only on paper , there is no such thing ....in fact my draw each year is based on portfolio value .

It is no different than working a job on commission where your income varies .
 
I have to agree with @Gardenlover and Aesop.
Aesop-The-Milkmaid-and-Her-Pail.jpg
 
Aunt Bea said:
I have to agree with @Gardenlover and Aesop.

Aesop-The-Milkmaid-and-Her-Pail.jpg
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....there is nothing that does not have its value change or have risk , not gold ,not cash ...it all varies because of either markets ,rates or inflation making its purchasing power change..it never ends until you die... in fact your little article says exactly that ...all you have at any point is what you have , good or bad ...the fact you didn’t sell does not mean an investment will ever come back ,,, nor does A gain ever mean it will stay that way .....the fact is all you have is what something is worth at that moment..... thanks for making my point because that is exactly what that blurb says .....all you have is what you have at any point in time .....

how about the high inflation 1970’s , where as soon as our cash hit the bank it was worth less then the day before.

or as happened to me our money market went bust in 2008 and we lost money in a cash instrument.

why do you think it is that portfolio value that is used to set retirement safe withdrawal rates .
state estate taxes are based on portfolio value ...want an asset based mortgage ? It is based on portfolio value ... net worth ? Portfolio value once again ..


if anyone does not understand there is no such thing as a loss or gain only on paper my opinion is they should not be investors because that logic will eventually hurt them
 
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oldmontana said:
I have made a lot of money thanks to what you call paper. I could have used that money to but gold.
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For once we agree...

we take whatever is on paper and swap it for more investments on paper and those values are our values at any point in time ..they just may change for better or worse but the process never ends as inflation always alters our value’s purchasing power even as cash
 
Gardenlover said:
It's all just paper until you have the gold in hand.
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Ha! I have a funny story about that. Some background: when we're traveling and go out to lunch, we usually have just water, because -- good grief! -- even in a fast food joint, a soda can be $2.50. And 50 years of being frugal is hard to change. So we were in a little deli type restaurant in Houston, and I'm studying the menu, and Dave is looking at his phone and crowing over the state of the market and our IRA's. So I said something like, "Great, but what does that mean to me now? It's all on paper!" And he says, "Well, what do you want?" So I'm looking at the menu and I say, "I want a fountain drink!" LOL! So now, if the market is up, I get my iced tea, no questions asked.

But seriously, We've had great returns for a couple years now. I heard an economist say that a market like this doesn't die on it's own; something has to kill it. Made sense to me.
 
Knight said:
She bought when the IPO opened @ $17.00 a share
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@Knight - Is your wife planning to buy the SpaceX spinoff Starlink? SpaceX has been putting more than 240 satellites in orbit for internet, it will provide internet for hard to service rural areas. I'm planning to buy as many shares as I can afford. There's a rumor the IPO will come out soon, I heard Thursday, don't know if it's true.

Okay, this article says the IPO is a few years out. Oh, well!
https://techcrunch.com/2020/02/06/s...ipo-for-starlink-satellite-internet-business/

This one says the IPO is mid 2020. Ay, ay, ay, whom to believe!
https://seekingalpha.com/article/4322853-anticipate-buying-vaunted-starlink-ipo-spacex-spin-out
 
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Duster said:
Thanks for the tip, Catlady! I'm always looking for new stock leads.
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The info seems to be all over the place, I don't know who to believe. It does say that eventually there will be 42,000 satellites up there, each about the size of a pizza box. Astronomists are angry and probably plan to fight it.

Starlink is working to offer internet service to customers, via its satellites orbiting in space, as early as this summer.

https://news.sellorbuyhomefast.com/...kely-to-spin-off-ipo-report-business-insider/
 
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@Duster - I'm always looking for the next winner, sometimes I do good and other times I fall on my face and bite the dust. LOL Hey, it's part of the fun, it keeps my blood pumping. 😻 o_O :devilish:

In January 2018 I plunked down $20k for 1000 shares of GBTC, a sort of ETF of Bitcoin, greedily thinking I'd be a millionaire. Then it went down to $3000 and now it's worth only about $9700. Ouch! I'm still hoping, though, whatever happens I'm going down with the ship or rise high above the financial waters. The halving is coming in May, maybe things will get better after that. I can only hope. I've noticed when the stocks go down, Bitcoin goes up and so does GBTC.
 
@Catlady -Thanks for the link, too! I always do my due diligence before investing in a new stock. Then I watch it for a time. Starlink might be worth a gamble when it IPOs, since it looks so promising.
The technology to beam high speed internet service almost anywhere is simply mind blowing! If Musk decides to go public with Starlink, investing in it goes along with advice from my mentor to invest in stock that is an up and coming technology.
Yes, you win some and you lose some. That come with the territory. The big gains are mainly for those bold enough to take risks.
Good Luck with all of your investments.
 


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