Since it is Saturday, I thought I would talk about another alternate investment: Treasuries. A Treasury Note or Bond is a loan from you to the U.S. Government. You buy a bond for $1000, hold it until maturity, then you get your $1000 back. In the mean time, you are collecting a dividend. That is… Read More »
One good reason to use charts. I am not a fan of technical analysis. But charts do have their place. For instance, are we closer to the top or bottom of the market? Using the S&P 500 gives us a lot of the large cap stocks: The ugly red line shows us the top of… Read More »
Warren Buffett is #4 on Forbes Richest People In The World (CBS News). Period. End of Story. He is worth $67.5 billion all by himself, separate from his conglomerate Berkshire Hathaway. Much of what we talk about here has to do with what Warren Buffett and others have been able to do consistently over decades.… Read More »
It’s Tuesday and time for a Warren Buffett quote: “The most important quality for an investor is temperament, not intellect. You need a temperament that neither derives great pleasure from being with the crowd or against the crowd.” (Motley Fool) What Is Temperament? Merriam-Webster defines temperament as a “characteristic or habitual inclination or mode of… Read More »
Please note that I do not own either GE or Walmart (WMT) stock. In this video, I go through my quick evaluation of both stocks using their financials. Most companies report financials about once per quarter so you have the chance that your information can be a little stale. Still, it is the best public… Read More »
Let’s start with a little financial market review this week: Tesla Shares Surpass $1,000 On Semi Truck Production Memo – Tech Crunch Restaurants Parse Extensive And Conflicting Guidance As They Reopen – WSJ $410 Million Mega Millions Winning Ticket Sold In Arizona – USA Today Jim Cramer: The lesson from Wall Street’s biggest sell-off since… Read More »
I wonder. If I buy gold today, what do I have in 20 years? In theory, gold is a store of value. It should not be an investment. Sometimes it is. How? Gold at times is unloved. This is when the price of gold goes down below what it really should be. Then it is… Read More »
You own stock in 10 companies that you know very well (or should). Do you buy each in equal dollar amounts? What if you know, really know, based on its financials or some other logical factor that one company stands the best chance of growing quickly? Is there anything so wrong with making it 15%… Read More »
I read an article on Seeking Alpha this week from 2016 which stated that holding 50% in UPRO and 50% in TMF and rebalancing weekly outperforms the best performing stock in the S&P 500. Over the past year, I believe this performance would have been about a 49% gain, where the S&P had a small… Read More »
We are all adrenaline junkies. The market goes up, we want to buy. The market goes down, we want to sell. It is an exciting roller coaster. What if, just if, what you watch or read on CNBC, Bloomberg, or Forbes, is just noise. It makes you feel like you must take action. But in… Read More »