my first Nvidia lot was at $5/share

started doing a deep dive into into AI when IBM Watson was on jeopardy, saw what researchers were doing with CUDA and knew it would be huge

Waymo is a sleeper now... they just opened up to the public in san fransciso with no wait list, when they scale to other cities, I think their adoption will be rapid.

[Edited on June 29, 2024 at 12:32 AM. Reason : ]

6/29/2024 12:31:11 AM

Another good market day.

7/10/2024 8:23:25 PM

^got any financial plans right before the rate change like before? Or you only buy before they raise rates?

7/10/2024 9:23:28 PM

I buy equity mutual funds automatically every week as I have funds available which takes out the emotion and requires only a one-time decision on a strategy. Thus, I don't expend any mental energy on it nor any time on a recurring basis.

"Time in the market beats timing the market."

Not sure if you were asking about savings bonds, though? I have decided to buy the max on those (Series I) in late January every year.

Boring is good.

7/10/2024 9:46:47 PM

Wonder how the market is going to react tomorrow.

7/14/2024 8:59:46 AM

US markets are steady following assassination attempt on Trump

https://www.cnn.com/2024/07/14/markets/premarket-stock-trading-trump-assassination/index.html

Quote :

"US stock futures barely budged after an assassination attempt on former President Donald Trump on Saturday, signaling calm in the markets as Trump survived the incident. Dow futures rose 65 points, or 0.2%, while S&P 500 futures rose 0.1% and Nasdaq Composite futures were unchanged."

7/14/2024 8:20:35 PM

Quote :

"nothing ever happens"

7/15/2024 7:33:05 AM

Apparently, domestic markets love assassination attempts!

7/15/2024 11:12:30 AM

trump victory vs biden victory

aside from politics, thoughts on how this will affect the markets

7/16/2024 3:37:51 AM

Historically, in the US, markets go up despite which party holds the presidency, as long as nothing too extreme and anti-business happens. Markets also tend to like when congressional power is split as they like certainty and stability, and Congress being split usually means no major or abrupt changes will happen. In this election, both presidential outcomes ostensibly represent known quantities for the market, although personally I'm not at all sure that a second Trump term will be nearly as "restrained" as the first. Trump is likely seen overall as more pro-business with his stated desire to further cut the corporate tax rate from 21% to 20%, and to extend tax cuts, although in practice his policies could cause considerable long-term damage.

Check out the chart of returns by administration with party color-coding midway through this article (or actually read the article):

https://www.investopedia.com/presidents-and-their-impact-on-the-stock-market-4587369

Suffice it to say, I don't plan to make any adjustments to asset allocation or to long-term investment strategies based on the presumed outcome of the election. Stocks went up under Obama. Stocks went up under Trump. Stocks went up under Biden (now considerably more than that chart shows due to year-to-date returns not fully included). In fact, the only administrations in recent memory with net losses were under Republican presidents (GWB and Nixon). Our institutions are about to undergo a test for the ages. Hopefully they will survive, but they almost certainly won't emerge the same / unscathed.

7/16/2024 6:25:51 AM

The dow had a historical day. Prob gonna be a big drop soon right?

7/16/2024 8:18:24 PM

Maybe. Maybe not.

Today was a good example of why it's important to stay in the market and ride the wave rather than to try to time it. If you think you can figure out with confidence ahead of time what the market is going to do or how it's going to react to any one event and when, you stand to lose a lot of money you could have gained on big up days. Even though the long-term trend of the stock market is up, a lot of days it just moves sideways, or sightly up or slightly down. Most of the net market movement in a year occurs in just a few days. It's not realistically possible to predict what days those are going to be and to jump in and out of the market. It's also much less stressful to just save and invest and let it ride.

Also, the Dow is just 30 stocks.

7/16/2024 11:28:34 PM

^^You turned out to be right, but could just has easily been wrong.

7/19/2024 1:51:26 PM

Law of averages

7/19/2024 9:21:31 PM

That's not a real law. If things always returned to the average, the stock market wouldn't grow over the long term. Yet it does.

7/20/2024 3:35:40 AM

In human/economic terms, yeah, I'd agree. But if you think about it on a larger scale, wealth and everything we've generated (while not being zerosum in terms of the economy) is because we also have an input from resources from the earth and being able to manipulate all that and use it... which will eventually average out in some way or the other.

[Edited on July 20, 2024 at 8:35 AM. Reason : 1]

7/20/2024 8:34:51 AM

Quote :

"Waymo is a sleeper now"

So, buy GOOGL?

7/21/2024 2:36:44 AM

my one share of ESS has done great for me the last few months

[Edited on July 21, 2024 at 12:55 PM. Reason : 1]

7/21/2024 12:54:54 PM

Wonder how market is tomorrow. They liked assassinations until they didn't. I suspect they will like Biden dropping out before they don't.

7/21/2024 5:55:01 PM

I predict that the market will be either up, down, or flat tomorrow. You heard it here first, folks!

7/21/2024 6:47:55 PM

^Nailed it!

7/22/2024 9:43:29 AM

Market loves Harris!

S&P 500 +1.08% on the day.

7/22/2024 4:21:19 PM

rough day

7/24/2024 3:47:19 PM

Thanks a lot, Elon!

7/24/2024 4:26:20 PM

SERV has been pretty good lately

7/25/2024 3:49:35 PM

LFG has been pretty good today.

7/26/2024 1:19:39 PM

Look out below!

8/5/2024 6:52:25 AM

I was half expecting a little dead cat bounce type rally this week until Japan's market decided to go full Black Monday 2.0 on us.

8/5/2024 9:27:49 AM

Gentlemen

8/5/2024 12:16:19 PM

Good day to buy at a discount. And I am.

8/5/2024 1:11:20 PM

8/5/2024 1:23:35 PM

I enjoyed the Kamala Crash!

8/5/2024 8:25:22 PM

Oh, we back!

8/6/2024 10:56:45 AM

yay

8/12/2024 6:59:59 PM

Go-Go-Gadget Market!

8/15/2024 11:31:35 AM

#bogleheads?

https://www.wsj.com/articles/what-does-nevadas-35-billion-fund-manager-do-all-day-nothing-1476887420

update:
https://www.pionline.com/pension-funds/nevada-public-employees-pension-fund-returns-91-fiscal-year

8/16/2024 8:41:57 PM

The juice is loose!

(Fed Rate Cut)

RIP Money Market and Savings Account Yields

9/18/2024 2:06:35 PM

Closed the day down after spiking. LOL!

9/18/2024 4:21:48 PM

Prob drop like 500 if it was only .25%

9/18/2024 7:56:21 PM

Futures are looking better for a delayed, considered reaction to the rate cut.

9/19/2024 7:18:58 AM

That's more like it.

9/19/2024 11:09:02 AM

"Bidenomics is working!"

"And we're very proud of Bidenomics!"

Remember when Trump said if Biden was elected there would be a stock market crash like nothing seen before in history? At least one of the times he said that was February 25, 2020. The adjusted closing price of the S&P 500 was 3,128.21. Closed today at all-time high of 5,792.04. That's +85% including the period of the COVID correction. Trump is so credible! A true business genius!

10/9/2024 4:40:28 PM

https://youtu.be/w2DYtTZRcAk

10/18/2024 8:02:33 PM

Looking like +1% on Election Day.

What does the market want, know, or predict?

11/5/2024 3:49:41 PM

Wonder how economy does when trump starts fucking with interest rates

11/6/2024 1:24:02 AM

Your stocks are fine

11/6/2024 9:22:04 AM

That's why I don't adjust asset allocation based on political whims.

11/6/2024 10:01:43 AM

In the immediate term, I can see us either benefitting or suffering dramatically--or both--from Trump's propensity for deregulation, disruptive openness to changing tax structure, tariffs (and broader protectionism), deficit spending, meddling with the Fed (and then potentially influence interest rates in a capricious way), etc.

I'm not as worried about the potential downsides in that mix over the time horizon of sometime in the next 4 years. The bad things there, even if they're severe, like a 2008 or something, will ultimately probably be a bump in the road, as they're remedied by successors. And...maybe we're lucky and dodge most of the land mines and make a bunch of money on the potentially beneficial things.

What I'm really worried about are the potential worst cases where the dollar is no longer the world's reserve currency...or stumbling into WWIII out of ineptitude...or devolving into a place where we don't really have the rule of law, or free markets, or alliances, or the global influence we currently do. That's something that won't be a few years of pain that we come roaring back from (after buying a bunch of assets low), à la 2008, and there might not be any good obvious foreign sanctuaries (either for investment or for residence).

11/7/2024 7:59:37 PM

"In the future all companies are $TSLA"

1T Market cap. Anyone still think the Twitter purchase was dumb?

11/8/2024 10:48:54 AM

Quote :

"devolving into a place where we don't really have ...free markets"

Free to get fleeced by the Market Makers, amirite?

#triggered

11/8/2024 1:04:56 PM