You remember the 5 stages of grief? Well these are my 3 stages of investing: Anger So usually when I’m losing money or the market is doing something different than I expect, I get angry. Maybe not angry in a big way, but angry like significantly irritated. Now I know what to do when the… Read More »
If I’m seeing my ideas repeated, does that mean that people are copying me? Or does that mean that a lot of analysts are seeing the same thing? I figure the latter. Here are some highlights of the echo chamber that I hear right now: The market is overvalued The market is at it’s highest,… Read More »
Today was the first time since Friday that I really checked the market. And I didn’t really do it that much because it was really kind of boring. Yesterday was the third day of a three day drive from Phoenix to Chicago so I was more interested in the things I was seeing and talking… Read More »
Our stock market as a whole is overvalued. Some individual stocks are undervalued but the market as a whole is overvalued. And guess what happens when the market gets overvalued? It deflates, i.e. goes down. It may not do it right away, it may take years, but it does decline. Now you’re looking at the… Read More »
Write for this blog that is. Therapy maybe? I’d like to believe that I’m helping you, my audience, invest better and avoid some of the major pitfalls of investing. I certainly don’t make money doing this. Perhaps I am looking for future riches doing this? Yes, I’m thinking that I might make a little money… Read More »
I am breaking my rule and talking about a specific stock/company. Nvidia. Today 8/29/2024 Nvidia is down almost 7%. That’s right after it posted its Q2 2025 quarterly results. So is Nvidia a bad company? Far from it. Nvidia is likely to go up “a bunch” in the next year. So should you buy on… Read More »
Tomorrow we are closing on a new home we put a contract on back around December 1, 2020. Back then there was a big run up in prices and some home builders were having lotteries to pick who gets to buy their new homes. Our builder was reasonable and didn’t do that. Plus we bought… Read More »
I kept my cash bar pretty high over the last 3 or 4 months, but maybe you have been more daring. As we head into record territory yet again, maybe it is a good time to look at your cash position and decide whether to beef it up. Cash in this case is uninvested cash… Read More »
During September, the NASDAQ 100 has dropped. And kept dropping. Of the gains since March, September has seen about 10% evaporate. After the selling started, it was too late to sell. If you didn’t, you really should have listened to me earlier when I said cash was king. But I’m not about I told you… Read More »
Here is something that Jim Cramer on CNBC said last week: “I’m telling you to have some discipline. I expect this market to have a near-term bounce, and discipline means you should sell something into that rebound…” (CNBC) Honestly, this assumes that the market will resume its selloff, which it very well could. But what… Read More »