After thinking I didn't want to anymore but man, sure looks like there's some money to be made.....especially in options....? Just need to shake off the rust. And I kinda miss the 'Money Honey'
The Money Honey is on Fox Business 6am to 9am est plus Sat/Sun other times. You'll need to get up early.After thinking I didn't want to anymore but man, sure looks like there's some money to be made.....especially in options....? Just need to shake off the rust. And I kinda miss the 'Money Honey'
That'd be 3:00am here, ain't doing that...The Money Honey is on Fox Business 6am to 9am est plus Sat/Sun other times. You'll need to get up early.
Long haul?? Are you in your 40's?? Long haul for me is 5 years or less lolI'm not into day trader stuff
I keep track of my investments, I'm in it for the long haul...
I take a few risks here & there, but not any real loses
just not as much gain as was supposed to be
Something to be said of the High Risk & High Reward
you have to watch that stuff like a hawk, I don't want to do that...
But, I don't gamble a lot with that stuff...
I have like $10k I will mess around with,
that way I can't get hurt too bad if it goes belly up
still don't like those loses, I like stuff that has dividends 1st...
If that goes well, I take that $10k, if I make it back
& reinvest in something else...
Diversity...
Long haul strategies...
Making a quick buck seems to bight me the arse...
When it's too good to be true, it usually is short-term...
Chevron Oil, Home Depot & Lowes have been good
I have very lil' tech stock, I got hurt bad doing that,
learned my lesson in 2007-2008, too volatile at times...
I still have stuff from when I 1st started too
hanging on to it...
I have some good dividends, some mediocre,
as long as it has a return, more % than like a bond/CD does etc.
& not loss, I keep it...
A couple I got from my Granddad, he was pretty good at it...
Some stuff he got in early on, that's now 10 times it was when I got it...
Unless my agent says sell, then I do a bit of research...
I usually don't complete sell off all, I pause watch 1st,
then If I agree, it's not looking good I sell, put that money into
something else/reinvest...
I have a good financial consultant Tod with Edward James, locally...
I see something I run it by him now 1st
he's been good at predicting bad & good, uncanny good...
Diversify, my word of the 21st century...
Nope 63, (actually I'm 64 Doh !!) but;Long haul?? Are you in your 40's?? Long haul for me is 5 years or less lol
I'm not looking for qet rich quick crap either....just not looking to lose. I'm 72 and my future is pretty much soon lolNope 63, but I ain't pissing away what I took 40+ years to earn
by gambling or on some get-rich-quick ****...
Long haul is relative I assume, I don't do impulse buys...
I'm not in my 70's or 80's either...
I do stuff for the future (my future, my kids), be it 1-3-5 years or longer...
Yeah the long haul thing ain’t what it used to be at my age either. Lost 10k during October and wonder how much my broker made, lol. I won’t buy a puppy anymore to have to eventually find a new dad..Long haul?? Are you in your 40's?? Long haul for me is 5 years or less lol
I expanded/edited on my last post before I saw your retort...I'm not looking for qet rich quick crap either....just not looking to lose. I'm 72 and my future is pretty much soon lol
I remember an old Metropolitan Life tv commercial that pitched “the future is now.” At age 70, my future is now, and I cashed out the bulk of my stock market holdings for a lifetime annuity, betting I’ll live past 80. If I do, I’ll beat the market, if not - dead people don’t have financial problems.I expanded/edited on my last post before I saw your retort...
LMAO! Yes, and never saw a luggage rack on a hearse. (Got that from a country tune lyric)dead people don’t have financial problems
That quote has been used by more than one billionaire in the Wall Street Journal as well.LMAO! Yes, and never saw a luggage rack on a hearse. (Got that from a country tune lyric)
...or as my buddy Cliff says ...."No point being the richest guy in the cemetery"LMAO! Yes, and never saw a luggage rack on a hearse. (Got that from a country tune lyric)
That’s why they drive Ferrari’s, have yachts, and multiple homes…all paid by someone else’s – money.I’ve never used a broker or a financial planner. That’s how I bought seven GTXs. The money I saved on commissions with those leeches.
The punch line to that quote, which I've read in multiple financial books, is "but where are the customer's yachts?" Back in the 80s, I actually applied for several financial planner jobs, and got no offers. All the companies were looking for people with proven direct sales experience, not financial expertise. So instead, I advised myself, and did well.That’s why they drive Ferrari’s, have yachts, and multiple homes…all paid by someone else’s – money.