My sincere hope/wish for you..
Re: My sincere hope/wish for you..
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.
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.
November 5, 2024: The day America got Her second chance.
Re: My sincere hope/wish for you..
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.
If you’re “woke”..you’re a loser.
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Re: My sincere hope/wish for you..
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.
Re: My sincere hope/wish for you..
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?
Re: My sincere hope/wish for you..
The Dow hit 777 in 1982..and boy did you hit the jackpot if you jumped in.
If you’re “woke”..you’re a loser.
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Re: My sincere hope/wish for you..
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!)
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Re: My sincere hope/wish for you..
Yeah, it's like if you jumped in during 1929. You only make money in the casino when you get out.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!)
There is no bad peace and there are no good wars
Re: My sincere hope/wish for you..
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.
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.
Four boxes keep us free:
the soap box, the ballot box, the jury box, and the cartridge box.
"You will never accomplish gun control by disarming law-abiding citizens"
Ronald Reagan
the soap box, the ballot box, the jury box, and the cartridge box.
"You will never accomplish gun control by disarming law-abiding citizens"
Ronald Reagan
Re: My sincere hope/wish for you..
planosteve wrote:Yeah, it's like if you jumped in during 1929. You only make money in the casino when you get out.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!)
Not true..dividends alone, which for many people like myself..can set people up for the rest of their lives to live well.
If you’re “woke”..you’re a loser.
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Re: My sincere hope/wish for you..
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.jellowrestling wrote:It hit 1000 again later that year and never looked back (Thanks, Reagan!)
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.
Re: My sincere hope/wish for you..
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!
If you’re “woke”..you’re a loser.
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Re: My sincere hope/wish for you..
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!
Re: My sincere hope/wish for you..
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?
Re: My sincere hope/wish for you..
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.
If you’re “woke”..you’re a loser.
Re: My sincere hope/wish for you..
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.
Re: My sincere hope/wish for you..
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.
Re: My sincere hope/wish for you..
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.
Last edited by GFB on Sat Jan 13, 2018 1:49 pm, edited 1 time in total.
If you’re “woke”..you’re a loser.
Re: My sincere hope/wish for you..
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.
If you’re “woke”..you’re a loser.
Re: My sincere hope/wish for you..
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.
Re: My sincere hope/wish for you..
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.
If you’re “woke”..you’re a loser.
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