Stock Market- Investing

[dawg80]

So it was just how to setup the account and not stock strategy advice. Got it.

No, it was a quick summary of what I have done, and do, not meant as "advice" for what others should do. This thread is intended for people to share information on possible investment opportunities, like stocks. We also discuss "investment strategies" thus the mention of Warren Buffet's proven track record. But! even though Buffet has been successful does not mean that his long, slow, conversative approach is right in every situation. For instance, too many Americans lack sufficient retirement funds (some have none!). If they are in their late 40's, 50's, 60's they don't have time to fully employ Buffet's system, they need a quicker (riskier) approach.

For me, please bear in mind what I have disclosed, I am NOT dependent on my investments in the stock market, in my trading accounts I mean, for anything. I could lose it all and not be affected. I do have a tidy sum invested...well, I think it is a tidy sum, other high rollers might laugh at the amount. It is six figures, I will say that. And of course, I want to be successful in my investing, but I don't sweat it.

Now, in my opinion, if you are younger and have time, I think Warren Buffet's approach will work for you. Do your DD, choose good companies, and I also like divie-payers to help grow the nest egg. But, good growth stocks can work too.

We welcome all input, so please, jump in. If you feel comfortable doing so, share what you are doing...any favorite stocks?

[dawg80]

Poor ole Elon...

40 of 49 SpaceX satellites burned up in the atmosphere yesterday. Wow! there was a time when satellites would go up and stay for decades. Why, I think Sputnik, launched in 1958 is still in orbit. But Musk is changing the world. Now you can buy a SpaceX satellite and 72 hrs later have it back in your lap!

Very "atypical" eh!

[dawg80]

Now I see why Goosey loves Musk/Tesla...Sleepy Joe and Peter Buttplug are now singing the praises.

But Elon Musk is not exactly in tune with you socialist types. I guess y'all think he can be "re-educated" and made to see the light. Meanwhile Musk is more like a dastardly pro-Trumper. At least he expresses opinions that are in line with "Trumpism." For instance, speaking about the push back against mask mandates and such, Musk said, "The road to tyranny is paved with fear." Which is the same sentiment expressed by Ben Franklin when he said: those who exchange liberty for security end up with neither.

[dawg80]

Tesla recalls 27K vehicles due to a malfunction.

[dawg80]

State of California sues, or charges (whatever), Tesla for racial discrimination at their Freemont, CA plant. The beat goes on!

[Guisslapp]

Tesla recalls 27K vehicles due to a malfunction.

Heat pump for the defroster for the windshield. Software fix that they push out over-the-air. Don’t even have to bring your car in. The future of recalls, except the present for Tesla.

[dawg80]

We need a "thumbs up" icon.

[FriscoDog]

Twitter announcing a 4 Billion stock buyback.. Guess twitter is losing its shine..



https://www.livemint.com/companies/n...501282727.html

[dawg80]

Tesla's pick-up truck. Looks like something you'd see in a 1960's SciFi movie operating on another planet.

[DawgyNWindow]

Tesla's pick-up truck. Looks like something you'd see in a 1960's SciFi movie operating on another planet.

Saw it on Mystery Science Theater 3000 yesterday.

[Guisslapp]

Tesla's pick-up truck. Looks like something you'd see in a 1960's SciFi movie operating on another planet.

I know. 1.25 million preorders. Can you imagine if they actually made it look like a truck?

[Guisslapp]

Twitter announcing a 4 Billion stock buyback.. Guess twitter is losing its shine..



https://www.livemint.com/companies/n...501282727.html

You remember when American Airlines was wasting all their cash on buybacks before the pandemic (total of 12.9 billion starting in 2014)…and then they had to go beg the government for a bailout during the pandemic?

[FriscoDawg]

Key Indicator Hints America Is Headed For Worst Real Estate Crash Ever (thefederalist.com)

[dawg80]

Key Indicator Hints America Is Headed For Worst Real Estate Crash Ever (thefederalist.com)

I am out of real estate agency, didn't renew my license. This gives me more flexibility as a real estate investor. Which I am trying to divest everything I hold...well, most everything. There is a small inventory and very little building happening around here. Some markets around the country are doing okay.

Prime rate is 3.5% but heading up. I don't see a bubble that will burst. Actually, the air has been leaking out of the bubble for several years. It's been a seller's market due to low inventory ('round here), buyers have had access to historically low mortgage rates, and yet nothing has been happening. I don't see how a "crash" can happen when the airplane has already skidded to a halt off the runway.

[dawg80]

January existing house sales were up 6.7% vs. an expected -1.3% decrease. This is all firmly rooted in the Fed's projected rate hikes and buyers who have been sitting on the fence making a move to lock in lower rates.

Nationwide inventories are at historic lows. Saw where there are only 860,000 houses "on the market." Those numbers used to consistently hover in the 3 million range. While this is not all Biden's fault, it is true his anti-business/anti-American policies have exacerbated this problem, and other economic issues. People "invest" in property, including buying primary residences, when they have confidence in the economy and its (their) future. No one has an inkling of confidence in the clown show in DC in general and the WH in particular.

This "rush" of buying is just the surplus of demand on the edge, or "on the fence," and now that it is mostly gone, used up, housing numbers will trend down as rate hikes, combined with low inventories, inflate the price of property making it harder for average Joes to jump in the market.

I am glad I locked in wholesale contracts for about half of my properties. It's true I could make a little more by "playing this market" but 1) I like the guarantees I have, 2) I am trying to get out of the real estate business. I have a meeting today at 3:00 and one tomorrow at 11:00 with prospective buyers/investors. I want to be RETIRED and not having to do this stuff anymore.

BTW, it is still true, real estate should be part on any serious investors' portfolio. It has been very, very good to us (my wife and I). Like most such great things, my only regret is I didn't do more.

GLTA