I'm not smart or lucky enough to do day trading, and my crystal ball
broke years ago. To be fair, I wasn't smart enough to do long term
buy-and-hold in my 20s either. Something I'm trying to fix in my kids,
but since they're 29 and 31 it's getting a bit late. At least my step
daughter is only 23, so there's hope for her... :-)
For those interested, I highly recommend The Motley Fool,
www.fool.com. Once you get past their somewhat spammish marketing,
they are wonderful. (Many of us members are trying to get them to tone
down the very un-Foolish marketing.)
On 09/20/2014 01:27 PM, Ken Hohhof via Af wrote:
Well, Travis says get in and out in a day. You say 20-50 years. That
pretty much covers any strategy you want to pick. And some people are
putting all their money in Bitcoin.
*From:* Bruce Robertson via Af <mailto:[email protected]>
*Sent:* Saturday, September 20, 2014 3:17 PM
*To:* [email protected] <mailto:[email protected]>
*Subject:* Re: [AFMUG] today's a big day on the stock market.....
I would call two years /very/ short term because my investing horizon
is 20+ years. And I'm already (mostly) retired. (Consulting gigs
keep cropping up...) If I were still in my 20s, my horizon would be
50 years.
On 9/20/2014 1:03 PM, Ken Hohhof via Af wrote:
Take a look at this:
http://finance.yahoo.com/echarts?s=AAPL+Interactive#symbol=AAPL;range=5y
and now imagine you are the advisor who put me (and no doubt other
clients) into AAPL in September 2012. You can either call up those
clients and say good news, after 2 years of staring at a loss, you
can finally take a nice profit and invest in something else. Or you
can say buy another ticket and take another roller coaster ride.
Besides, after years of almost getting negative interest on fixed
income (in Europe they actually pay banks to park money), there are
finally some options in stocks that pay dividends and even bond funds
that are worthwhile putting 25 or 30% of your money in, making sure
they are short maturity because their value will go down once the Fed
starts raising interest rates.
But as far as ignoring short term stock market swings, I’m not sure
I’d call 2 years short term. And if you look at the chart, AAPL looks
exactly like it did 2 years ago. Sure, it could go up. But let’s
face it, what did they announce. A couple phablets which are really
just catching up to competition, and a smartwatch for next year.
Samsung is already mocking the iPhone 6+ in their Galaxy Note 4 ads,
and how sure are you that a $349 smartwatch will be the next
must-have gadget? And iPad sales have slowed because once people
have one, they don’t trade up to the next version like they do
phones, and a lot of them are WiFi only and not tied to a carrier 2
year cycle.
*From:* Bruce Robertson via Af <mailto:[email protected]>
*Sent:* Saturday, September 20, 2014 2:46 PM
*To:* [email protected] <mailto:[email protected]>
*Subject:* Re: [AFMUG] today's a big day on the stock market.....
I only agree with your investment advisor if you're within 2-5 years
of retirement and you will be relying on those assets to live on.
Otherwise, he/she is steering you wrong. IMO, of course. Your
example of AAPL illustrates exactly why. You need to totally ignore
short term stock market swings, and keep some cash on hand for buying
when plunges like 2008 happen. BTW this takes nerves of steel.
On 09/20/2014 12:24 PM, Ken Hohhof via Af wrote:
FWIW, my investment advisor got me out of AAPL, and advises
decreasing stocks at this point especially those that don’t pay
dividends and moving a higher percentage into bonds. Of course risk
tolerance varies with age (how many years you have left to recover
from a big loss). But he evidently feels stocks have run up to the
point where they are getting risky.
Regarding AAPL, I had quite a paper loss at one time, finally
recovered and made a nice profit, but it looked pretty grim for
awhile. The myth was it would only go one way - up. Problem with
Apple is they always have to hit it out of the park, merely having a
good quarter is a disappointment. It must be like being a magician,
but if you pulled a rabbit out of your hat last night, tonight you
need to pull a lion out of the hat, and tomorrow a rhinoceros.
Wait, I’m thinking of Rocky and Bullwinkle.
http://www.youtube.com/watch?v=kRW7pITY5Cg
I could swear there was one where he pulled Rocky out of the hat.
*From:* Mike Hammett via Af <mailto:[email protected]>
*Sent:* Saturday, September 20, 2014 2:03 PM
*To:* [email protected] <mailto:[email protected]>
*Subject:* Re: [AFMUG] today's a big day on the stock market.....
NetFlix and FaceBook haven't even existed "long term".
-----
Mike Hammett
Intelligent Computing Solutions
http://www.ics-il.com
<https://www.facebook.com/ICSIL><https://plus.google.com/+IntelligentComputingSolutionsDeKalb><https://www.linkedin.com/company/intelligent-computing-solutions><https://twitter.com/ICSIL>
------------------------------------------------------------------------
*From: *"CBB - Jay Fuller via Af" mailto:[email protected]
*To: *[email protected]
*Sent: *Friday, September 19, 2014 2:13:08 PM
*Subject: *Re: [AFMUG] today's a big day on the stock market.....
--- [ "CBB - Jay Fuller" mailto:[email protected] wrote ]:
-----------------------------------
Long term the stocks I'm interested in right now are Apple, Netflix,
and Facebook. They all have performed well long term.
I do not currently have any Netflix but it's also had a bit of a
rocky road. Look at its one year chart.
----- Original Message -----
*From:* Travis Johnson via Af <mailto:[email protected]>
*To:* [email protected] <mailto:[email protected]>
*Sent:* Friday, September 19, 2014 1:46 PM
*Subject:* Re: [AFMUG] today's a big day on the stock market.....
--- [ Travis Johnson <[email protected] <mailto:[email protected]>> wrote ]:
-----------------------------------
------------------------------------------------------------------------
The stock market is not a good "long term" investment, in my
opinion.... unless you go into a fund like T. Rowe Price Blue
Chip (which has returned me 30% so far this year). A single
stock is just too risky.
The play is the one day in and out game... like this Alibaba
stock...
Travis
On 9/19/2014 11:39 AM, Bill Prince via Af wrote:
--- [ Bill Princemailto:[email protected] wrote ]:
-----------------------------------
Wait until the euphoria wears off. I'll bet it hits $60
before the end of the year.
bp
On 9/19/2014 9:32 AM, CBB - Jay Fuller via Af wrote:
whewwww....it really tanked there. below $91....
----- Original Message -----
*From:* CBB - Jay Fuller via Af <mailto:[email protected]>
*To:* [email protected] <mailto:[email protected]>
*Sent:* Friday, September 19, 2014 10:33 AM
*Subject:* Re: [AFMUG] today's a big day on the
stock market.....
interesting...i'm listening. lol.
----- Original Message -----
*From:* Travis Johnson via Af <mailto:[email protected]>
*To:* [email protected] <mailto:[email protected]>
*Sent:* Friday, September 19, 2014 10:16 AM
*Subject:* Re: [AFMUG] today's a big day on the
stock market.....
I disagree... I think today will be an amazing
ride... people will make a TON of money if their
timing is right.
Travis
On 9/19/2014 9:05 AM, Bill Prince via Af wrote:
I would not touch that offering with a 10
foot pole. I see nothing but sorrow. Too
much hype. Too much unknown.
bp
On 9/19/2014 6:41 AM, CBB - Jay Fuller via
Af wrote:
Anyone trying to get in on Alibaba's IPO?
Thoughts?
Comments?
Complaints?
!DSPAM:2,541de39313941614716181!
