NEW -> Contingent Buyer Assistance Program
Let's see how I did with those "duh" stocks:
2/2/17 to now
NFLX 139.20 > 297.81
AMZN 839.95 > 1823.54
AAPL 128.53 > 212.75
DIS 110.61 > 135.76
GOOG 798.53 > 1191.25
TGT 63.68 > 103.20
MSFT 63.17 > 138.94
So simpleton stock picks seem to do well.
For reference:
DOW: 20,851.33 > 26,202.73
S&P: 2,371.54 > 2,924.43
NASDAQ: 5,867.89 > 8,020.2
you seem to be following what's going on around the world, so you should know that the european economy is in the tank and asia is seeing a lot of unrest. which means the united states is still by far the safest place to put your money, thus with everyone taking their money to buy 10 year treasuries the price will go down. calls for recession in the us are just the latest outrage that the media can play to get more clicks and eyeballs.
Sounds good but how many shares do you own?
I hope more than 100 each.
To clarify. Did you buy or are those on your stocks to watch?
Not sure where you are going with this.
I view my home as a place to live, first and foremost. Over the long haul it can give you good returns but when I am buying I am not looking at a short term turnaround.
That?s why I say that you can buy even if you will only save a nominal amount instead of waiting. It?s just like long hold stocks, you just need to get in and stop worrying about timing the bottom. And better than stocks, you get a tax write off, you don?t have to worry about the woes of renting and you get all the benefits of owning a home.
Previously you said hold stocks for the long term. Then you said housing is better than stocks. A lot of people worry about buying the peak like the previous article I posted. (Almost everybody likes a bargain. Why do you think TjMax and Roos are doing so well?) When people remodel their home most people don?t over spend for the location of the house. People are savvy and care about the bottom line.
You mean small tax write off owning a home. (Cap on salt deductions)
Sure. But buying a home is not like shopping at TJMaxx or Ross. You can buy at the peak and still be okay as long as you can afford your home and stay long term. Many people just want to stop renting and own a home (there are several TI members who have said that... so no articles, real people).
If you consider $10k small, if you own a home less than $1m, that's a good sized write-off. You also forget about the $250k/$500k capital gains exclusion, can't do that with other "investments".
-read your previous posts, it sounds like you view your house as an investment, which explains your rational in other thread and your determination to put your own spin on things
-again the average person is business savvy and they do not want to buy at the peak or over pay for something.
-$10k is small
-btw there was a rumor removal of capital gain exclusion was on the table during the backdoor tax reform conversation. So you never know they might take that away in the future.
irvinehomeowner
Well-known member
irvinehomeowner said:NFLX, AMZN, AAPL, DIS, GOOG, TGT, MSFT
Hold until retirement.
Let's see how I did with those "duh" stocks:
2/2/17 to now
NFLX 139.20 > 297.81
AMZN 839.95 > 1823.54
AAPL 128.53 > 212.75
DIS 110.61 > 135.76
GOOG 798.53 > 1191.25
TGT 63.68 > 103.20
MSFT 63.17 > 138.94
So simpleton stock picks seem to do well.
For reference:
DOW: 20,851.33 > 26,202.73
S&P: 2,371.54 > 2,924.43
NASDAQ: 5,867.89 > 8,020.2
eyephone said:
you seem to be following what's going on around the world, so you should know that the european economy is in the tank and asia is seeing a lot of unrest. which means the united states is still by far the safest place to put your money, thus with everyone taking their money to buy 10 year treasuries the price will go down. calls for recession in the us are just the latest outrage that the media can play to get more clicks and eyeballs.
irvinehomeowner said:irvinehomeowner said:NFLX, AMZN, AAPL, DIS, GOOG, TGT, MSFT
Hold until retirement.
Let's see how I did with those "duh" stocks:
2/2/17 to now
NFLX 139.20 > 297.81
AMZN 839.95 > 1823.54
AAPL 128.53 > 212.75
DIS 110.61 > 135.76
GOOG 798.53 > 1191.25
TGT 63.68 > 103.20
MSFT 63.17 > 138.94
So simpleton stock picks seem to do well.
For reference:
DOW: 20,851.33 > 26,202.73
S&P: 2,371.54 > 2,924.43
NASDAQ: 5,867.89 > 8,020.2
Sounds good but how many shares do you own?
I hope more than 100 each.
eyephone said:irvinehomeowner said:irvinehomeowner said:NFLX, AMZN, AAPL, DIS, GOOG, TGT, MSFT
Hold until retirement.
Let's see how I did with those "duh" stocks:
2/2/17 to now
NFLX 139.20 > 297.81
AMZN 839.95 > 1823.54
AAPL 128.53 > 212.75
DIS 110.61 > 135.76
GOOG 798.53 > 1191.25
TGT 63.68 > 103.20
MSFT 63.17 > 138.94
So simpleton stock picks seem to do well.
For reference:
DOW: 20,851.33 > 26,202.73
S&P: 2,371.54 > 2,924.43
NASDAQ: 5,867.89 > 8,020.2
Sounds good but how many shares do you own?
I hope more than 100 each.
To clarify. Did you buy or are those on your stocks to watch?
irvinehomeowner
Well-known member
I did some historical lookups on the ones that were posted on Page 1 of this thread... many didn't move that much... but I think those were supposed to be short term picks.
My picks are like Irvine houses... hold them for a long time and they will yield good returns.
The worst performer was DIS... which is surprising but I expect it to go up in the next few years.
My picks are like Irvine houses... hold them for a long time and they will yield good returns.
The worst performer was DIS... which is surprising but I expect it to go up in the next few years.
irvinehomeowner
Well-known member
eyephone said:
Not sure where you are going with this.
I view my home as a place to live, first and foremost. Over the long haul it can give you good returns but when I am buying I am not looking at a short term turnaround.
That?s why I say that you can buy even if you will only save a nominal amount instead of waiting. It?s just like long hold stocks, you just need to get in and stop worrying about timing the bottom. And better than stocks, you get a tax write off, you don?t have to worry about the woes of renting and you get all the benefits of owning a home.
irvinehomeowner said:
Previously you said hold stocks for the long term. Then you said housing is better than stocks. A lot of people worry about buying the peak like the previous article I posted. (Almost everybody likes a bargain. Why do you think TjMax and Roos are doing so well?) When people remodel their home most people don?t over spend for the location of the house. People are savvy and care about the bottom line.
You mean small tax write off owning a home. (Cap on salt deductions)
irvinehomeowner
Well-known member
Where did I say housing is better than stocks? You might be mixing me up with someone else.eyephone said:
Sure. But buying a home is not like shopping at TJMaxx or Ross. You can buy at the peak and still be okay as long as you can afford your home and stay long term. Many people just want to stop renting and own a home (there are several TI members who have said that... so no articles, real people).
If you consider $10k small, if you own a home less than $1m, that's a good sized write-off. You also forget about the $250k/$500k capital gains exclusion, can't do that with other "investments".
irvinehomeowner said:
-read your previous posts, it sounds like you view your house as an investment, which explains your rational in other thread and your determination to put your own spin on things
-again the average person is business savvy and they do not want to buy at the peak or over pay for something.
-$10k is small
-btw there was a rumor removal of capital gain exclusion was on the table during the backdoor tax reform conversation. So you never know they might take that away in the future.