DOW to 20,000 today?!!

[hoosierdoc]

It would appear the markets liked his speech

 

[indiucky]

Well I'll be.....

[video=youtube;bWi49ktO0AA]https://www.youtube.com/watch?v=bWi49ktO0AA[/video]

[video=youtube;ZDnj0RB0U_0]https://www.youtube.com/watch?v=ZDnj0RB0U_0[/video]

[video=youtube;mygbV3zSIxI]https://www.youtube.com/watch?v=mygbV3zSIxI[/video]

 

[rvb]

Well I'll be.....
[ videos ]

up 15% since the market closed on election night....... <4 mo ago....

 

[JettaKnight]

up 15% since the market closed on election night....... <4 mo ago....

Anyone know how much Mr. Cuban has lost?

 

[indiucky]

Anyone know how much Mr. Cuban has lost?

Integrity is very hard to measure Jetta...

 

[hoosierdoc]

22,000????

anyone's 401k happy?

 

[Dr.Midnight]

22,000????

anyone's 401k happy?

Mine hasn't looked this good in years. Business is good. I've never seen so many Now Hiring/Open Interviews/Accepting Applications signs in my life. Getting the butts to fill the positions is the problem.

 

[BehindBlueI's]

I note that the "buy gold, the economy will crash tomorrow" threads don't get much play now. Remember the looong thread from 2010 that started off by showing all these "signs" of impending doom and told people to buy silver. Silver is down maybe 15% or so since then. The DOW has nearly doubled. S&P 500 is roughly 2.5x it's 2010 level.

 

[JettaKnight]

 

[Jludo]

Exactly, I only invest in OJ concentrate futures.

 

[Jludo]

22,000????

anyone's 401k happy?

My Roth IRA is pretty happy, my poor mom sees her good returns and thinks it's her 'wiz' financial planner. I've been trying to convince her that, after fees, stock pickers rarely beat the market.

 

[hoosierdoc]

Our non-401k funds are spread across 11 mutual funds. They've generally done well against the market.

I am am considering buying some Tessa, would be the only single stock I own

 

[JettaKnight]

Our non-401k funds are spread across 11 mutual funds. They've generally done well against the market.

I am am considering buying some Tessa, would be the only single stock I own

Tessa?


You know who gets rich on mutual funds? The guys running them. In the commercials (for those that watch golf), the managed funds don't brag about beating the market, they brag about beating their competition. In other words, "Our funds suck less than the others!"

Index Funds, FTW.

 

[hoosierdoc]

Sorry, tesla. Stupid autocorrect

 

[JettaKnight]

Tesla? As a one and only stock pick. Wow. I suppose why dip your toe when you jump right in... then start swimming upstream.

 

[hoosierdoc]

???

 

[woowoo2]

22,000????

anyone's 401k happy?

So much so that I am taking 30% of my chips off the table.
I will put them back in the game after the next correction.

 

[spencer rifle]

I read a book on mutual find investing a long time ago by John Bogle of Vanguard. IARC, he said there were 3 things involved in mutual find investing:
The Market
Fund Manager
Fees

You can't control the market or consistently time it profitably, and no manager beats the market in the long run. The only thing you can control is fees, whether that's sales loads or management fees. So do your home work (though past performance is a light to the stern) and pick the lowest fees fund.

 

[JettaKnight]

???

Well, Telsa makes no money, they're definitely on the cutting edge (so avoid the survivorship bias), and are general panned by stock pickers (i.e. "sell" recommendations galore). In other words, there's a whole lotta sizzle on this one, but the steak might come out well done and have been dropped on the floor.

So, if you're looking for excitement, then yeah, I guess buy TSLA with the expectation of losing a lot of money. Basically, it's a lottery ticket.

 

[Hkindiana]

The newscaster I was watching today made a point to say "of course the DOW doing well has NOTHING to do with Trump or politics". The media blames EVERYTHING bad that happens on the GOP, but heaven forbid they give them ANY credit for ANYTHING GOOD that happens