« First « Previous Comments 48 - 73 of 73 Search these comments
Everyone focuses on the value of the indices while not counting the compounding dividend effect which over time is tremendous.
I remember when the Dow was 4000 and they said it was far too high and ready to crash.
I follow the W5000 index anyway.
When I look at my stock mutual funds over decades, I see a significant % of the increase was actually dividends. I'm not going to give that up.
And: Has the the Brexit Issue already been priced in, or will Brexit follies start a European downturn, followed by our own recession? This is an ugly uncertainty.
A. No-deal Brexit. 1.5 months of slight panic. UK declares willingness to trade with EU states on WTO terms, continues open and vigorous trade with US and especially Commonwealth countries. City of London retains global finance hub status. EU later begs for better deal. Boris Johnson strings them along and eventually offers UK-beneficial deal.
My W5000 index fund may or may not be considered a capital appreciation fund. Although my funds were not focused on dividends, a significant % of the overall return over several decades seem to be dividends anyway.
Primecap in Pasadena
But, when I am curious about my net worth on some day after the market closes, if I just look at the W5000 index increase % and multiply it by my stock funds total net, the result is almost identical to adding up the balances that night.
buy the ones which have already gone up and become famous.
when I am curious about my net worth on some day after the market closes, if I just look at the W5000 index increase % and multiply it by my stock funds total net, the result is almost identical to adding up the balances that night.
Didn't Iwog do this and basically throw 125% of his potential net worth into a fire?
Capital One is 2.7%, Discover is 2.65%
Goran_K saysDidn't Iwog do this and basically throw 125% of his potential net worth into a fire?
Watch me do the same!
I'm not questioning the logic, just the timing.
I'd wait to see cracks in the dam, hopefully selling 12% or so from the top.
Watch me do the same!
« First « Previous Comments 48 - 73 of 73 Search these comments
I think the best we can hope at this point is 1 year of slow growth and a volatile market before some kind of recession.