Locator: 49751INVESTING.
In general, what follows is accurate. There are many exceptions, qualifications, flip-flopping, modifications, etc, but generally this is what I would tell my broker as we begin the discussion.
I'm an investor, not a trader:
- I have a "rolling" 30-year horizon.
- I remain fully invested at all times (there are occasional exceptions).
- I don't invest in bonds, only equities.
With regard to tickers:
- one can cherry-pick all these charts, particularly "time-frames."
- talk is cheap; tickers don't lie; put one's money where one's mouth is.
Time-frames:
- I find anything under one year worthless, except:
- when considering harvesting a tax loss;
- what analysts on CNBC are seeing, since most talking heads on CNBC seem to be traders.
- when re-aligning my portfolio, the one-year ticker is most important,
- but even the one-year ticker is just one of many factors being considered.
- I use the five-year time frame to see if my rules of investing are working:
- at a minimum, the five year-return must be over 100%
- Rule of 72: it takes nine years to double one's money at 8%
- the average 20-year annual S&P 500 return runs between 9% and 11% (per AI prompt) with many caveats.
Briefly:
- I am inappropriately exuberant about the Bakken and I am often well out front of my headlights. I am often appropriately accused of hyperbole when it comes to the Bakken.
- I am inappropriately exuberant about the US economy and the US market.
- I am also inappropriately exuberant about all things Apple.
- See disclaimer. This is not an investment site.
- Disclaimer: this is not an investment site. Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here.
- All my posts are done quickly: there will be content and typographical errors. If something appears wrong, it probably is. Feel free to fact check everything.
- If anything on any of my posts is important to you, go to the source. If/when I find typographical / content errors, I will correct them.
- Many posts are not proofread for several days after they've been posted.
- Reminder: I am inappropriately exuberant about the Bakken, US economy, and the US market.
- I am also inappropriately exuberant about all things Apple.
- And now, Nvidia, also. I am also inappropriately exuberant about all things Nvidia. Nvidia is a metonym for AI and/or the sixth industrial revolution.
- I've now added Broadcom to the disclaimer. I am also inappropriately exuberant about all things Broadcom.
- And Oracle.
- Longer version here.
