hurleyjd
Well-known member
Any one checked your portfolio since the election. Looks like some stocks are going to be up. Ones that actual make a product for the consuming public have responded with some actual gains.
There's a few on sale due to covid. You just have to avoid buying the overvalued ones.In my opinion, which doesn't mean a thing, stocks are over valued and not supported by fundamentals. If it wasn't for government intervention propping up the market, it would have had a correction a good while back.
Hate to be a naysayer, just a matter of time when the stock market is going to crash and burn. If I was younger I would have a different outlook over the long term.
I ended up with about half in an etf.Stopped buying individual stocks about 10 years ago. Mutual funds and ETF's for me.
Ed's fund picks performed better during the downturn last March. Pretty much the way those funds are set up. However, their popular growth fund picks are lagging my Vanguard growth funds at an alarming way.
Yup Tesla is super risky. One false move and they are sunk.Tesla has only gone up on speculation. They are wayyyyyyy overvalued. The company hasn't actually made hardly any money. Somehow they're valued more than any other car manufacturer, including Ford, GM, and Toyota. The market has been pretty optimistic about anything the last few years. It's bound to fall some time and those with money in overvalued companies will lose the most.
For the amount invested the stock market is as good as the livestock market and a lot of less hard work. I pick and manage my portfolio. 25% is in VWNEX 30% cash, and the balance in stocks that I pick and manage. Also savings bonds that we accumulated over the years with some paying an average of 4% which some are maturing. Also some cows that I have that I keep to subsidize the beef market.Any one checked your portfolio since the election. Looks like some stocks are going to be up. Ones that actual make a product for the consuming public have responded with some actual gains.
Yes, and they issue new shares every year but people keep buying the stock even though they are financial dog s**t.Tesla has only gone up on speculation. They are wayyyyyyy overvalued. The company hasn't actually made hardly any money. Somehow they're valued more than any other car manufacturer, including Ford, GM, and Toyota. The market has been pretty optimistic about anything the last few years. It's bound to fall some time and those with money in overvalued companies will lose the most.