Old Rothschild stated that few if any ever went broke by taking one percent less but many have gone broke chasing one percent more,
I was told early on to never chase momentum. 70% stock 30% bonds no matter what the market is doing. Will move stocks in to less risk as I get closer to retirement age. Trying to make up losses at age 70 doesn't sound like fun.
Time horizon is or can be critical.
It pays to understand Actuarial Tables, your family history, etc and include that in one’s overall investment plan.
The degree of my privacy is no business of yours.
What we've learned from history is that we haven't learned from it.
What other country other than here is a better investment? None that I know of....yet certain other countries have labor advantages that make them attractive.
With Biden....one of the guys who has done well for me is staying with strong performers here, along with increased emphasis on emerging markets....Time will tell.
Yes, all bubbles end the same, and this one will be no different.
It will end when people loose confidence and there are no more bigger fools to pay higher prices. As for the date that will, happen, I don't know but the recent mania in high short interest stocks is a very substantial warning sign.
I'm not a fan of Bloomberg news, nor do I agree with Grantham's position on global warming, but everything else he says is spot on.
You didn't use logic or reason to get into this opinion, I cannot use logic or reason to get you out of it.
You cannot over estimate the unimportance of nearly everything. John Maxwell
I made an average of 23% per year for the last 26 years in the stock market.
For 26 years, I have never "timed the market".
In the 2 weeks since Biden was inaugurated, I am up 10%.
Long term, I think the market is going to be ok.
You ought to be well into nine figures net worth by now. Congrats.
In 20 years at 20% gain every year wouldn't you be close to 40 times your original amount? 23% for 26 years is going take me a little while. I'll be back with it later if I don't get past my ability to cipher.
Patriotism (and religion) is the last refuge of a scoundrel.
I made an average of 23% per year for the last 26 years in the stock market.
For 26 years, I have never "timed the market".
In the 2 weeks since Biden was inaugurated, I am up 10%.
Long term, I think the market is going to be ok.
You ought to be well into nine figures net worth by now. Congrats.
In 20 years at 20% gain every year wouldn't you be close to 40 times your original amount? 23% for 26 years is going take me a little while. I'll be back with it later if I don't get past my ability to cipher.
I made an average of 23% per year for the last 26 years in the stock market.
For 26 years, I have never "timed the market".
In the 2 weeks since Biden was inaugurated, I am up 10%.
Long term, I think the market is going to be ok.
You ought to be well into nine figures net worth by now. Congrats.
In 20 years at 20% gain every year wouldn't you be close to 40 times your original amount? 23% for 26 years is going take me a little while. I'll be back with it later if I don't get past my ability to cipher.
267.57% if my math is correct.
I calculate 395X. Assuming he didn't spend any of his winnings.
I made an average of 23% per year for the last 26 years in the stock market.
For 26 years, I have never "timed the market".
In the 2 weeks since Biden was inaugurated, I am up 10%.
Long term, I think the market is going to be ok.
You ought to be well into nine figures net worth by now. Congrats.
In 20 years at 20% gain every year wouldn't you be close to 40 times your original amount? 23% for 26 years is going take me a little while. I'll be back with it later if I don't get past my ability to cipher.
267.57% if my math is correct.
I calculate 395X. Assuming he didn't spend any of his winnings.
= e ^ (.23 * 26)
Help me here please. Does that mean in 26 years $100 would become $39,500
Patriotism (and religion) is the last refuge of a scoundrel.
I made an average of 23% per year for the last 26 years in the stock market.
For 26 years, I have never "timed the market".
In the 2 weeks since Biden was inaugurated, I am up 10%.
Long term, I think the market is going to be ok.
You ought to be well into nine figures net worth by now. Congrats.
In 20 years at 20% gain every year wouldn't you be close to 40 times your original amount? 23% for 26 years is going take me a little while. I'll be back with it later if I don't get past my ability to cipher.
267.57% if my math is correct.
I calculate 395X. Assuming he didn't spend any of his winnings.
= e ^ (.23 * 26)
Help me here please. Does that mean in 26 years $100 would become $39,500
Hm...I got 220x, roughly. So if starting with ten grand, you'd have 2,200,000.
I made an average of 23% per year for the last 26 years in the stock market.
For 26 years, I have never "timed the market".
In the 2 weeks since Biden was inaugurated, I am up 10%.
Long term, I think the market is going to be ok.
You ought to be well into nine figures net worth by now. Congrats.
In 20 years at 20% gain every year wouldn't you be close to 40 times your original amount? 23% for 26 years is going take me a little while. I'll be back with it later if I don't get past my ability to cipher.
267.57% if my math is correct.
I calculate 395X. Assuming he didn't spend any of his winnings.
= e ^ (.23 * 26)
by taking 1.23 (23% growth a year) and raise it to the 26th power (26 years), I get 217x. Not sure why there are so many different results. Of course I could be wrong, but I believe this is the way to calculate it.
In any case $1,000 would turn into a bunch of money in 26 years. Good reason to be one of the folks that collect interest instead of one who pays it.
What would be even better would be to get the one who gets to create fake money out of nothing, then set the prime interest rate by loaning out that fake money. Sweet gig. It means you own anything and everything that people will take money for.
I made an average of 23% per year for the last 26 years in the stock market.
For 26 years, I have never "timed the market".
In the 2 weeks since Biden was inaugurated, I am up 10%.
Long term, I think the market is going to be ok.
You ought to be well into nine figures net worth by now. Congrats.
In 20 years at 20% gain every year wouldn't you be close to 40 times your original amount? 23% for 26 years is going take me a little while. I'll be back with it later if I don't get past my ability to cipher.
267.57% if my math is correct.
I calculate 395X. Assuming he didn't spend any of his winnings.
= e ^ (.23 * 26)
Help me here please. Does that mean in 26 years $100 would become $39,500
I assumed $100 original investment at 23% per year for 26 years without withdrawals or taxes paid and the sum was $26,757.xx. In addition, I'll throw the bullchit flag on this being factual investment results.
