I was watching it the last couple of days as it was popping 8% on a day with no news. Then I just assumed with the short interest, somebody was buying in. Probably Wall Street Bets. I looked, and my first purchase was back in 2013, and I just sat on it reinvesting the dividends. If I get stopped out of it, no big deal. It did its job. LOL.
didnt say people shouldnt do them, you have a nice strategy. Just not for me right now. I'd rather throw it in to stocks but im on the younger side and can take the risk.
Bought some RTX today. They are moving quickly on these inspections and hopefully the cost associated come in at or under the $500 million estimate.
What REALLY is going on though? It sounds like the job market is tough in a lot of sectors. What did prequels to hyperinflation look like in other countries? Cant believe housing has not crashed yet. It still goes up. Soccer players being offered a billion?
I have totally given up on stock investing. I have been a complete failure in that area. I invested about 9K and 25 years later I am at 13K. On the other hand, my mutual fund portfolio have gotten much much better returns, I keep this trade account open just for the heck of it, maybe when I retire, I will just use this account as fun money to try day trade for fun, I just don't have the energy and passion for doing all the research and monitor the market these days.
Stock market is for pumping and dumping based on technical astrology. If you catch the right waves you can make money. Browsing twitter for stock relating tweets....the sheer amount of "subscribe to my discord.."
Or you can just invest fixed amount every month(year) in good mutual funds and watch it grow. I have one account that went from 0 to 100K in 15 years. Then it went to 400k in another 10 years. The start is hard, but the compound is easy once it gets going.
US will not have hyperinflation nor will we have a housing crash. We may not even see a serious recession...although I am not sold on this idea. The question: will the US use fiscal or monetary to create stimulus. Fiscal is out performing the brakes of monetary policy.
For this account I hold Vanguard Healthcare Investor CL Vanguard MID CAP GROWHT INDEX ADMIRAL Vanguard S&P 500 Growth ETF Vanguard 500 Index Admiral CL Vanguard Winsor Admiral CL Vanguard Long term Treasury Investor CL Vangaurd Small CAP growth index admiral the heavy concentration are in the vanguad Index Admiral CL about 50% This is just buy and watch, never sold any. If I feel like I want a change, I just buy another fund. pretty much around 5k a year for 25 years.
Yeah, I was thankfully stopped out. I looked yesterday and saw I bought those shares back in 2013. It wasn't too large a position, so not sure it was worth it even with the double in price. LOL.
@Ziggy PLTR pumping again lol. I had sold out of my position earlier this year after bag holding since 2020......
Why do they have to be single family homes? As cities grow, you can't just sprawl indefinitely. Condos and townhouses are perfectly acceptable forms of housing that can hit that price point. At some point, cities have to densify to be sustainable.
