Tuesday, February 10, 2026

"Trillion-Dollar Club" Investing -- Number 2 -- February 10, 2026

Locator: 49952INVESTING.   

Investing, not trading.

Buy and hold, literally forever. Taken to extremes, poor outcomes.

Concentrate on sectors.

1980s - 1990s, beginning to invest, age 30 - 45 -- 

  • mutual funds (three)
  • individual stock picking -- two sectors:
  • energy (Big Oil); and,
  • communications (ATT)

1990s - 2010s, great anxiety about my investing strengths; raising a family, age 46 - 60 --

  • mutual funds
  • IRAs
  • Roth IRAs
  • TSP
  • I was maxing out my investing; I literally thought about the market 24/7 (along with work, and family)

2010s - 2020s, glide slope, but up and to the right, rolling horizon, each day: 30-year + one day --

  • at crossroads: individual stock-picking vs ETFs 
  • foundation in place:
    • insurance
    • pension
    • retirement accounts
    • established portfolio
      • heavily weighted in AAPL and energy (CVX, COP, ENB, EPD, etc)

2022: then things changed -- 

  • although the fourth industrial revolution was a "thing" as of 2016, for the mom-and-pop retail investor, the tipping point came in 202- 2022 -- 
  • go to this link, to be continued.