Anyone investing heavily this year??

How much money did you lose/gain this past week?


  • Total voters
    30
  • Poll closed .

DC_Dude

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BGOL Investor
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34real

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Registered
I read Peter Lynch's book and has success but he also loss money to but his method of success came once he stopped listening to the experts and started listening to his kids,their friends,his wife and just people around him in general;He started that by visiting the malls for lunch and not spending as much time in his office going over graphs and charts but rather following popular culture.....and it was like a tidal wave and he became the Peter Lynch that he is today.No expert,no charts,no graphs just using common sense,looking at the backgroud of a company,where does it fit into people's lives at that moment and the balls to gamble on companies that were going to be around for awhile,many didn't last to the 90's but there were new one's like Bed,Bath and Beyond got in early rode it to the top and in 2023 it's run is damn near over but Coke isn't going anywhere.

Great read....
 

Aww Skeet Skeet!

The antithesis of nonsense.
BGOL Investor
Does anyone on this board read their annual reports for their index funds? Any particular information I should be looking at?

I check on the allocations and expense ratios. S&P was awful last year so I know my index funds took a hit on 1-yr performance, but I like to see how longer term performance stacked up against the respective benchmark.


Some of the notes are interesting.
 

Madrox

Vaya Con Dio
BGOL Investor
Does anyone on this board read their annual reports for their index funds? Any particular information I should be looking at?

I check on the allocations and expense ratios. S&P was awful last year so I know my index funds took a hit on 1-yr performance, but I like to see how longer term performance stacked up against the respective benchmark.

Some of the notes are interesting.

..this exactly. I don't get too deep and over think them, but it's good to keep up with any fee and allocation changes that might be going on.
 

Helico-pterFunk

Rising Star
BGOL Legend
..this exactly. I don't get too deep and over think them, but it's good to keep up with any fee and allocation changes that might be going on.



Agreed. And if you keep a mailed (or printed) copy ... keep a highlighter nearby to make note of key information, or things you want to follow up on.


I did that back in the day with statements re: RRSP Portfolio (through CIBC Securities, and then CIBC Wood Gundy in Canada). Then just kept stuff in a binder so I could cross-reference some of the performance month to month in recent years.
 

Madrox

Vaya Con Dio
BGOL Investor
Anyone invest in their stock?

I was thinking about starting a position in my IRA because I feel like they have a great sense / stranglehold on American infrastructure.. or at least buying/owning businesses that the average American depends on. But I feel like it might be overkill since I'm trying to REALLY be disciplined about just indexing and compounding over time via VTI (for the most part).

Long story long: I def would if it fit my portfolio plan in the future... But you also have to consider whether or not you believe in the guys that will succeed Buffet/Munger when they pass though.
 

DC_Dude

Rising Star
BGOL Investor
I was thinking about starting a position in my IRA because I feel like they have a great sense / stranglehold on American infrastructure.. or at least buying/owning businesses that the average American depends on. But I feel like it might be overkill since I'm trying to REALLY be disciplined about just indexing and compounding over time via VTI (for the most part).

Long story long: I def would if it fit my portfolio plan in the future... But you also have to consider whether or not you believe in the guys that will succeed Buffet/Munger when they pass though.

I have shares of VTI also and just noticed BRK/B is a top 10 holdings for this.
 

Madrox

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BGOL Investor
I have shares of VTI also and just noticed BRK/B is a top 10 holdings for this.

Yea BH has a monster market cap so it'll be a small slice of any index the tracks the market as a whole or market leaders.

..also keep in mind that BH doesn't pay a divvy, they reinvest in the company and you depend on Buffet/Munger's expertise as far as picking and managing businesses that generate cash flow for overall, long term appreciation. It works, for sure, but if you want to be invest long term you'll need to consider how long they'll be around and if you trust their Lieutenants to keep a good thing going.
 
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Madrox

Vaya Con Dio
BGOL Investor


For me personally, I've learned to sort of disregard when folks talk about "beating the market". And keeping in mind that everyone's money goals are so different. Especially these hedge fund dudes or Finance Pros & Bros that are all competing with each other as opposed to the average retail investor or person saving for retirement or F.I.R.E. Those pros are constantly trying to do numbers in order to one up each other and retain clients (or for vanity) while someone like me is just trying to accumulate wealth and first and foremost grow my money. So I'm fine with the market return as long as I'm not losing long term.

Having said that I definitely think there is value in keeping an open mind on sectors and obviously different businesses to invest in though. Whether it's for the sake of diversification or just not having blinders on as far as what direction the world might be going.
 

HellBoy

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Platinum Member
Federal Reserve Governor Philip Jefferson said on Monday he was under no illusion that it’s going to be easy to bring the inflation rate back down to 2%. “There’s a lot of resolve on the part of the [Federal Open Market] Committee. I know that I am committed to doing what it takes,” Jefferson said, according to a Reuters report.

He pointed out that core goods inflation has started to come down and that several indicators suggest housing services inflation is likely to come down in the coming months. "There is more uncertainty surrounding inflation in core services excluding housing,” Jefferson said in his remarks to a Harvard University economics class, according to the report.

We red tomorrow?
 
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