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I remember it being such a big deal when the Dow Jones index hit 1,000. It is now at 25,000.

If that's not a substantial increase, then I don't know what is, especially at a time when other investment instruments pay practically zero.

Mark wrote:I remember it being such a big deal when the Dow Jones index hit 1,000. It is now at 25,000.

If that's not a substantial increase, then I don't know what is, especially at a time when other investment instruments pay practically zero.

Man, I wish I would have been in back then.

And just think, all you had to do was..absolutely nothing.

GFB wrote:

Mark wrote:I remember it being such a big deal when the Dow Jones index hit 1,000. It is now at 25,000.

If that's not a substantial increase, then I don't know what is, especially at a time when other investment instruments pay practically zero.

Man, I wish I would have been in back then.

And just think, all you had to do was..absolutely nothing.

I bought some Wal-Mart stock in '92 (when the DJIA was a little over 3000). It has bounced up and down over the years, but now it has increased about 800% since I bought it, and the dividends every year are about 15% of my original investment. As you said: All I've done is nothing.

But the main thing I did was to start putting my retirement savings into the market around that time. And I just kept increasing the amount I put in, in good times and in bad. My brother pulled all of his money out of the market in 2007, just a few months before the market crashed. At the time, he had about three times as much investable money as I did. He has never put his money back in. Now I have about 60% more invested than he has sitting on the sidelines getting practically zero interest.

Mark wrote:I remember it being such a big deal when the Dow Jones index hit 1,000. It is now at 25,000.

If that's not a substantial increase, then I don't know what is, especially at a time when other investment instruments pay practically zero.

1972. Had to crawl way back for that one didn't you?

The Dow hit 777 in 1982..and boy did you hit the jackpot if you jumped in.

GFB wrote:The Dow hit 777 in 1982..and boy did you hit the jackpot if you jumped in.

It hit 1000 again later that year and never looked back (Thanks, Reagan!)

jellowrestling wrote:

GFB wrote:The Dow hit 777 in 1982..and boy did you hit the jackpot if you jumped in.

It hit 1000 again later that year and never looked back (Thanks, Reagan!)

Yeah, it's like if you jumped in during 1929. You only make money in the casino when you get out.

want to time this market??? watch elections this fall.
If dems win Pub seats get ready for market to stop rising.
and in 2020 if Pub president is not going to win then the
market will start crashing because business hates regulations
the Dems are going to repost.

planosteve wrote:

jellowrestling wrote:

GFB wrote:The Dow hit 777 in 1982..and boy did you hit the jackpot if you jumped in.

It hit 1000 again later that year and never looked back (Thanks, Reagan!)

Yeah, it's like if you jumped in during 1929. You only make money in the casino when you get out.

Not true..dividends alone, which for many people like myself..can set people up for the rest of their lives to live well.

GFB wrote:

planosteve wrote:

jellowrestling wrote:It hit 1000 again later that year and never looked back (Thanks, Reagan!)

Yeah, it's like if you jumped in during 1929. You only make money in the casino when you get out.

Not true..dividends alone, which for many people like myself..can set people up for the rest of their lives to live well.

The Wal-Mart stock I bought 25 years ago has not only increased 800% in stock price, it is putting out a dividend equal to 15% of my original investment. In the past 10 years, savings has received virtually nothing, and I have gotten dividends that surpass my original investment.

jellowrestling wrote:

GFB wrote:

planosteve wrote:Yeah, it's like if you jumped in during 1929. You only make money in the casino when you get out.

Not true..dividends alone, which for many people like myself..can set people up for the rest of their lives to live well.

The Wal-Mart stock I bought 25 years ago has not only increased 800% in stock price, it is putting out a dividend equal to 15% of my original investment. In the past 10 years, savings has received virtually nothing, and I have gotten dividends that surpass my original investment.

Congrats on all of that!

GFB wrote:

jellowrestling wrote:

GFB wrote:
Not true..dividends alone, which for many people like myself..can set people up for the rest of their lives to live well.

The Wal-Mart stock I bought 25 years ago has not only increased 800% in stock price, it is putting out a dividend equal to 15% of my original investment. In the past 10 years, savings has received virtually nothing, and I have gotten dividends that surpass my original investment.

Congrats on all of that!

Easiest money I've ever made. But my IRA increased in value last year more than what I receive from my pension. That was amazing!

jellowrestling wrote:

GFB wrote:

jellowrestling wrote:The Wal-Mart stock I bought 25 years ago has not only increased 800% in stock price, it is putting out a dividend equal to 15% of my original investment. In the past 10 years, savings has received virtually nothing, and I have gotten dividends that surpass my original investment.

Congrats on all of that!

Easiest money I've ever made. But my IRA increased in value last year more than what I receive from my pension. That was amazing!

That's great. But any legitimate advisor worth his salt will tell you can't cherry pick years. What did you earn between 2000 and 2009?

rusty wrote:

jellowrestling wrote:

GFB wrote:Congrats on all of that!

Easiest money I've ever made. But my IRA increased in value last year more than what I receive from my pension. That was amazing!

That's great. But any legitimate advisor worth his salt will tell you can't cherry pick years. What did you earn between 2000 and 2009?

He didn’t cherry pick..you’re doing that now.

GFB wrote:

rusty wrote:

jellowrestling wrote:Easiest money I've ever made. But my IRA increased in value last year more than what I receive from my pension. That was amazing!

That's great. But any legitimate advisor worth his salt will tell you can't cherry pick years. What did you earn between 2000 and 2009?

He didn’t cherry pick..you’re doing that now.

Have you lost your mind completely?
He said LAST YEAR!

Geez, when the sign says stop your going to be convinced it says go.

GFB, you really not to get over yourself and stop thinking you're the smartest person in the room. Must be a Southern California thing.

rusty wrote:

GFB wrote:

rusty wrote:

That's great. But any legitimate advisor worth his salt will tell you can't cherry pick years. What did you earn between 2000 and 2009?

He didn’t cherry pick..you’re doing that now.

Have you lost your mind completely?
He said LAST YEAR!

Geez, when the sign says stop your going to be convinced it says go.

His posts are about how well he has done for 25 years in one stock.

That’s what you’re responding to, unless you wish to cherry pick his sentences as well..and ignore what he has been talking about.

rusty wrote:GFB, you really not to get over yourself and stop thinking you're the smartest person in the room. Must be a Southern California thing.

Why must you poison any good stock market successes.

GFB wrote:

rusty wrote:

GFB wrote:
He didn’t cherry pick..you’re doing that now.

Have you lost your mind completely?
He said LAST YEAR!

Geez, when the sign says stop your going to be convinced it says go.

His posts are about how well he has done for 25 years in one stock.

That’s what you’re responding to, unless you wish to cherry pick his sentences as well..and ignore what he has been talking about.

No, he didn't. He said "His IRA" increased last year more than his pension. Do you suspect that his IRA is invested in only one stock? I don't. In fact, I don't know if there's any Wal-Mart stock in his IRA or if that's a separate investment.
I was responding specifically to what he said about his IT'S.

rusty wrote:

GFB wrote:

rusty wrote:

Have you lost your mind completely?
He said LAST YEAR!

Geez, when the sign says stop your going to be convinced it says go.

His posts are about how well he has done for 25 years in one stock.

That’s what you’re responding to, unless you wish to cherry pick his sentences as well..and ignore what he has been talking about.

No, he didn't. He said "His IRA" increased last year more than his pension. Do you suspect that his IRA is invested in only one stock? I don't. In fact, I don't know if there's any Wal-Mart stock in his IRA or if that's a separate investment.
I was responding specifically to what he said about his IT'S.

The answer is..one stock or a thousand. It obviously didn't matter how he did in any cherry picked years you can point out..because he was smart enough to not freak out during any bad years.

In fact, I distinctly remember Jello saying he jumped in in 2009 near the market lows..this is all just another stupid exercise on your part.