The Rokslide Stock Traders Thread

[KsRancher]

That’s a bold statement. I’d be checking the math.

Unless your life insurance policy is several million dollars.

He figured $1million at 10.5% annual return will get you just over $1billion in 70yrs.

 

[Pharmseller]

He better start being nicer to his wife.

 

[KsRancher]

He better start being nicer to his wife.

I didn't word that very good. My son is 18yrs old. He was talking about making his 2yr old sister a billionaire. He just thought it was cool that a family who isn't even close being millionaires could make a billionaire in one generation

 

[2531usmc]

I think it’s great that an 18 year old is thinking along those lines. You should be proud of him for trying to understand the complexities of investing and formulating a path forward.

I’m guessing he will be an investor for life and his life will be that much better for it

 

[Beendare]

I didn't word that very good. My son is 18yrs old. He was talking about making his 2yr old sister a billionaire. He just thought it was cool that a family who isn't even close being millionaires could make a billionaire in one generation

Yeah, it's the power of compounding and it has been discussed here many times.

I think it's a mistake to 100% count on past performance as your benchmark especially in sector investing which is what I do. Oil for example has a pretty good LT track record but will probably underperform over the next 20 years. Tech on the other hand continues to be more and more of our lives and should continue to outperform.

There were periods in history where the S&P underperformed for over a decade. Now that was a different S&P index than what were have now and its worth noting. The powers that be are constantly tweaking the current index for performance- dumping losers and adding winners. This is what makes the S&P ETF's a very good investment now-a-days including the fact it's a large % tech weighted.

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Wow, that whipsaw in the markets happened fast.

 

[HuntHarder]

Im at a loss for words with what this market is doing. Rare earth mining stocks thru the roof again

 

[Coveyleader]

Im at a loss for words with what this market is doing. Rare earth mining stocks thru the roof again

No doubt, trump............

 

[CorbLand]

Im at a loss for words with what this market is doing. Rare earth mining stocks thru the roof again

Been holding a bag on ABAT for nearly 4 years. Average is like 18 a share (gotta love reverse splits). It was down around 75 cents a share and I told myself to double down and pick up 100 shares, just to bring my average down so I could maybe break even. Its popped this morning on some news. I should have done it.

 

[Coveyleader]

Here's a question, where do you guys get your stock news from? If you do a simple "Stock market today" search it's nothing but propaganda. I'm looking for good overall non biased world coming to an end type site (if one exists). I follow a youtube guy, and he's pretty spot on, but I'm always looking.

 

[HuntHarder]

I like zerohedge.