Bull market! BUY BUY BUY!

[MichaelFlash]

I am very conservative. Comes from getting burned big time in 2000. This is the first year I use a money manager...probably should have just put $$$ in ETFs. I am giving it a year to see what happens. If it doesn't work out, back to stuffing the mattress.

[locutus49]

Studies show you are better off being in the market even during downturns. Just ride them out and you will be fine.

Originally Posted by MichaelFlash

I am very conservative. Comes from getting burned big time in 2000. This is the first year I use a money manager...probably should have just put $$$ in ETFs. I am giving it a year to see what happens. If it doesn't work out, back to stuffing the mattress.

[Bearxj86]

Originally Posted by MichaelFlash

I am very conservative. Comes from getting burned big time in 2000. This is the first year I use a money manager...probably should have just put $$$ in ETFs. I am giving it a year to see what happens. If it doesn't work out, back to stuffing the mattress.

Michael,

There are numerous case studies on risk tolerance levels that are inherent with each investor. You are better off going with a conservative portfolio or diversified fund and fire and forget.

The most classic example of the risk adverse investor is that they get their 3-5% return each year with low to no risk assets that feed their appetite (i.e. stuffing mattress). They see bubble assets like tech with volatility and cycles and how folks with risk appetite take larger risk and make 30-50% on their investment. They buy in at the wrong time; they get burnt. They sell. Cycle repeats. Moral of the story - understand your risk appetite (irrational) because you seriously will not be able to sleep at night if you are in the wrong asset class. I learnt this from experience :)

[MichaelFlash]

Originally Posted by bearxj86

Michael,

There are numerous case studies on risk tolerance levels that are inherent with each investor. You are better off going with a conservative portfolio or diversified fund and fire and forget.

The most classic example of the risk adverse investor is that they get their 3-5% return each year with low to no risk assets that feed their appetite (i.e. stuffing mattress). They see bubble assets like tech with volatility and cycles and how folks with risk appetite take larger risk and make 30-50% on their investment. They buy in at the wrong time; they get burnt. They sell. Cycle repeats. Moral of the story - understand your risk appetite (irrational) because you seriously will not be able to sleep at night if you are in the wrong asset class. I learnt this from experience :)

Ok, your hired!! Where do I send the money??!!

[MichaelFlash]

Originally Posted by locutus49

Studies show you are better off being in the market even during downturns. Just ride them out and you will be fine.

100% true. Those who put more money in the last big fall made $$$$$$

[Fat_ninja]

Originally Posted by MichaelFlash

100% true. Those who put more money in the last big fall made $$$$$$

Those that understand leverage made

$$$$$$
$$$$$$
$$$$$$
$$$$$$

Lol

[Bearxj86]

Originally Posted by MichaelFlash

Ok, your hired!! Where do I send the money??!!

I’ve lost a lot of money- just sharing my lessons learned.

[OH2004]

Originally Posted by MichaelFlash

I am very conservative. Comes from getting burned big time in 2000. This is the first year I use a money manager...probably should have just put $$$ in ETFs. I am giving it a year to see what happens. If it doesn't work out, back to stuffing the mattress.

If you have access to private wealth management eg MS or Citi that would be a good option. I use MS for my personal. Stay away from sales person who claims they are experts. Ask for their returns and see, they believe in what they sale. Another option is do it yourself. This is not an investment advice. Something simple like 25% spy 25% qqq 15% gld slv 10% tlt and 25% bonds. Rebalance every time the market drops 10%. If it ever drops 40% close your eyes and put everything in the market. I run a family office and we try to invest in uncorrelated assets with very strict risk management but our main income generator is selling volatility and market making.

[patriot885]

If there is "dead money" it's BRK. What else can you call a stock that did +-15 percent in the past 2 years (while stock it's holding and collect dividend did +100 like AAPL), and give no dividends? He didn't do any significant successful purchases in the last years, beside AAPL which he claimed are too expensive at 175 (up 50% since then), bought amazon too high (i don't like this over pumped leveraged warehouse) and lost hundreds of millions on some fail purchases. It has 128B in cash, significant part of that is earning from dividends and yield, yet it doesn't share it with share holders. I guess the owners of the stock should be called "money freeze holders" because nothing is shared here.. ridiculous.
If market fall, BRK fall with it.. people see it as US Bond kind of safe but it's not.
BRK buy and hold blue chip stocks and collect it's dividend and give no dividend.. if you like it's moves so much, just look at the portfolio and buy it, collect the 2-5 percent dividend your self.

This is just my opinion i am not suggesting anything and i know nothing about stock market!

[Bearxj86]

Originally Posted by patriot885

If there is "dead money" it's BRK. What else can you call a stock that did +-15 percent in the past 2 years (while stock it's holding and collect dividend did +100 like AAPL), and give no dividends? He didn't do any significant successful purchases in the last years, beside AAPL which he claimed are too expensive at 175 (up 50% since then), bought amazon too high (i don't like this over pumped leveraged warehouse) and lost hundreds of millions on some fail purchases. It has 128B in cash, significant part of that is earning from dividends and yield, yet it doesn't share it with share holders. I guess the owners of the stock should be called "money freeze holders" because nothing is shared here.. ridiculous.
If market fall, BRK fall with it.. people see it as US Bond kind of safe but it's not.
BRK buy and hold blue chip stocks and collect it's dividend and give no dividend.. if you like it's moves so much, just look at the portfolio and buy it, collect the 2-5 percent dividend your self.

This is just my opinion i am not suggesting anything and i know nothing about stock market!

I understand your perspective. A few things to consider:

1) Most of us in BRK are up around 400% in the past decade and 2500% in the past 20 years. We can't exit the position without taking substantial capital gains taxes :)

2) 2018 was the "lost" year. S&P shrunk. So relatively speaking BRK did ok.

3) Buffett is known as a cash hoarder. He spends a lot of it during downturns. Its one of the reasons why he does so well. He himself acts as he advice "be fearful when people are greedy, and be greedy when people are fearful".

BRK is for the long-term investor, there are plenty of sexier stocks.

[Bearxj86]

This thread has aged well.

[liljctl]

Originally Posted by bearxj86

This thread has aged well.

Ninja hasn't posted on Instagram for awhile. Is he okay?

[Bearxj86]

Originally Posted by bearxj86

S&P just broke through more resistance?

Buy buy buy or FOMO. Buy your Not-you-less now. I still call $100k 5711 blues!


https://www.cnbc.com/2019/11/04/the-...aw-coming.html

This post aged well.

[CoveWatch]

Originally Posted by bearxj86

S&P just broke through more resistance?

Buy buy buy or FOMO. Buy your Not-you-less now. I still call $100k 5711 blues!


https://www.cnbc.com/2019/11/04/the-...aw-coming.html

Nastradamus! What a call. Now please give us your next few picks

[Chiboy]

Originally Posted by bearxj86

This post aged well.

Damn, if I hadn’t read an obviously not there sarcastic tone, I would have gone all-in on blue 5711s and been on Easy Street now!

[joa]

This post aged well.

yes good call indeed! but what's the prediction for 2022 - 2023? :-)

[sokoloka]

Originally Posted by bearxj86

this post aged well.

Originally Posted by covewatch

nastradamus! What a call. Now please give us your next few picks

ATEC.

IYKYK lol!

[inadeje]

I have about 35 different stocks. Latest performers in my portfolio have been LCID and EVGO up 158% and 113% respectively

[Bearxj86]

$200k now :/

[LJubel328]

Originally Posted by bearxj86

$200k now :/

And S&P nearing bear market territory


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[PPcollector]

Originally Posted by LJubel328

And S&P nearing bear market territory


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So maybe money will flow out of the markets and into asset classes like watches and nft/crypto? Thought the bubble was already big….may get bigger!!

[GB-man]

Damnit Jin stop bumping these lol

[llngoc]

Originally Posted by LJubel328

And S&P nearing bear market territory


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If you were in the market since 2019 until now just in SP500 Index Fund, I think you are still going to be quite happy.

[OH2004]

People made stupid amounts of money the last 18 months. Most people are taking profits and putting it in hard assets thus luxury watches, certain exotic cars, and art work will continue to appreciate and will fall less if we have a black swan event.

[LJubel328]

Originally Posted by llngoc

If you were in the market since 2019 until now just in SP500 Index Fund, I think you are still going to be quite happy.

Indeed I am


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