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coke and whores

or if i had a long timeframe, an S&P500 mutual fund. but at my age, coke and whores.

Leverage on houses sounds like tons of fun as the government keeps pushing back when and how you can evict squatters. No thanks here, not that I have the cash to play that game in Colorado either.
I’ll stay with my mutual funds. FBGRX has been good to me, POAGX, POGRX and others in my portfolio have done really well. Have no idea if they peaked. But I’m doing boring growth stock mutual fund investing, not looking any sort of hot ticket. My foreign stuff finally started to show signs of life in the latter half of the year too.

The 'alphabet' soup listed above and the GOV is going to be throwing money at the 'green' businesses......

PBW is up 18% in just over a month.................... TAN 14%

Land and houses are as overpriced as the market right now. I think I'd just put it in the bank to begin with. Dollar cost average into the market and wait for a correction, then put it all in the market. Had you done that the last week of March last year you would now have $300K to invest.

This time last year Boeing was over $300.. Be glad you didn't.

Silver!

Right now I'd say lead!

10 best stocks of the decade 2010 -2020

Netflix: 4,011%
MarketAxess Holdings Inc.: 2,627%
ABIOMED: 1,854%
Broadcom: 1,627%
United Rentals: 1,600%
Align Technology: 1,466%
Regeneron Pharmaceuticals: 1,453%
Ulta Beauty: 1,294%
Old Dominion Freight: 1,291%
Amazon: 1,274%


I held NFLX and AMZN for the decade.
Unfortunately, I was 50% in AMZN and 2% in NFLX.

Buy a 4 plex. I won’t buy single family homes again for rental unless it’s a smoking deal, or I intended to AirBnB or VRBO it.

I can go mow one yard at a 4 plex which is a time saver, and I’m always shirt on time.

Right now is not a good time to buy. It seems that everything is very high priced from homes, land, stocks and bonds. Food stocks, energy and utilities are not real high now. Energy is downright cheap yet , but up 20% this year.

S&P 500 Index fund. I prefer Vanguard.

Learn how to short the market.

Would liked to have put 1k in ALPP 2-3 months ago. I would have to think on what to do with the other 99k. ALPP was 4 or 5 cents a couple month ago now it’s almost $5. So I would be at nearly 200k now. Of course it could have went to zero. I would obviously never put a large amount in a pink sheet sheet stock.

Individual stocks; absolutely. Broader market ... no, unless you were leveraged.

Bingo. I prefer index funds like VTSAX. Very low fees w Vanguard and you own a piece of just about every major us stock with that fund.

jlcollinsnh.com

6) Facebook
7) Twitter
8) Wal-Mart

There. Fixed it for ya. Now ya have all the traitors covered.









Take care, Willie

This is an example of an unbalanced portfolio. It reminds me of when it was believed that you could retire with IBM and GE investments only. Think Boeing.......

I have a friend who loves the idea and all the time buys houses to remodel and rent. He tells me about his renters not making payments, getting fired, breaking stuff. One guy never made a payment last half of 2020 so he is down $5000. I can't evict him or I will never see it and I can't let him stay. My friend has given me wisdom. And a lot of laughs at his stories.

20% Cash
20% IYR
20% BOND
15% Physical Gold
10% VWO
10% ARKG
5% Bitcoin

I lost 20% / year under Bush 41
I made 20% / year under Clinton
I made 20% / year under Bush 43
I made 20% / year under obuma
I made 40% / year under Trump


I don't call it skill or luck. I call it perseverance and learning from mistakes.
In 1991 I was working two consulting jobs and my 5 year old son said, "Dad, if you didn't lose so much money on the stock market, you wouldn't have to work so hard."
I knew he was right, but I kept on trading and losing. I talked to my father in 1994. He was making 20%. After that meeting I went all in on MSFT and held for the next 6 years. No more day trading.

A liberal friend of mine inherited money 3 years ago. I told him to put 90% in an indexed fund and do trades with 10%. When you make more than the index fund, then you can trade with the bulk of the money. He did not listen. He started buying stocks based on aesthetics. You can imagine what happened.

My son listened to me when I told him to keep his AMZN options when he was a software engineer. He made millionaire at age 29, 5 years ago.
My youngest brother listened to me and bought AMZN. He just reached $2M in his portfolio.

My liberal friend's son was also an engineer at AMZN, but sold his options. He still has to work at age 35.
My friend's kid could beat me at any IQ test, but I could beat him a fishing and investing, where my perseverance and learning from mistakes makes the difference.