U.S. stocks continue to soar!

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jarjarM
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Re: U.S. stocks continue to soar!

Post by jarjarM »

lostdog wrote: Tue Nov 16, 2021 1:54 pm
jarjarM wrote: Tue Nov 16, 2021 1:38 pm
CurlyDave wrote: Tue Nov 16, 2021 1:33 pm
Stinky wrote: Tue Nov 16, 2021 11:48 am The bulls are running loose today! S&P and Nasdaq approaching record highs.

As happens often, international is still trying to pull out of the garage.
I would love to see a day without a taper at the end. :mrgreen:
That'll require lostdog to be in the gym for some big muscle group :beer
heading there now.
We'll let you know if you work hard enough :beer
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Re: U.S. stocks continue to soar!

Post by mrspock »

Bwlonge wrote: Tue Oct 26, 2021 10:56 am
HomerJ wrote: Tue Oct 26, 2021 10:51 am
Bwlonge wrote: Tue Oct 26, 2021 10:37 am I have a large amount of IRA rollover cash to invest and I watched the september dip come and go. I'm honestly a little resentful that all the BS the talking heads cite on down days all of a sudden doesn't seem to matter just a couple weeks later.
It's like always carrying around an umbrella, and then someone comes in here yelling "Hey CAPE is super high! The chance of rain is higher today than yesterday!" and you can just shrug, because you already have an umbrella.

Thanks for the reminder. I tried picking stocks for a while, had solid information and those stocks are now doing well but with a lot of volatility. I still managed to lose money on them. I'm coming back to passive investing because the hype around investing just isn't for me. It's still very hard knowing people are getting rich quickly while I am not.
Most of them aren’t getting rich quickly, they just think they are. Most of that money will eventually flow into the pockets of people on this board who sit… patiently… and wait. And once it goes into our pockets, it’s Hotel California time: it won’t ever leave until most of us drop dead.

There’s a reason index investors out perform 80%+ of active managers, because in the *long run* it comes out on top. It matters not who is ahead now, it matters who is ahead in 20 or 30 years. Fairly confident, we indexers will win against stock pickers who are riddled with so many behavior problems, they probably need a full time psychologist as apart of their financial “team”.

Even TSLA share holders, on some level, I almost feel bad for them. Many have such huge capital gains, most can’t bear to sell, which will likely and ultimately doom them. Maybe not in 1 year, or even 5…. but eventually. At the very least, it’s not anything you can plan a retirement around, which makes it sort of pointless gains. What good is it if you can’t multiply it by a SWR and spend it? In other words, index funds are more valuable to me as they enable financial freedom, unicorn stocks don’t do much but enable your ego — and not in a good way.
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Candor
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Re: U.S. stocks continue to soar!

Post by Candor »

S&P hanging onto 4700 by its fingernails.
The fool, with all his other faults, has this also - he is always getting ready to live. - Seneca Epistles < c. 65AD
Marseille07
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Re: U.S. stocks continue to soar!

Post by Marseille07 »

Oh whoa, the S&P ATH looked certain but didn't make it.
456M
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Re: U.S. stocks continue to soar!

Post by 456M »

As usual, ex US is in the red, just like god intended.
jarjarM
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Re: U.S. stocks continue to soar!

Post by jarjarM »

456M wrote: Tue Nov 16, 2021 3:14 pm As usual, ex US is in the red, just like god intended.
Oh.... fighting words :P
Cautionary Tale
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Re: U.S. stocks continue to soar!

Post by Cautionary Tale »

Didn't there use to be an "ex-us continues to soar" thread? Feels like I haven't seen it in months.
GP813
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Re: U.S. stocks continue to soar!

Post by GP813 »

The Home Depot and Walmart result did not catch me by surprise, like it apparently did the market today. I live in suburban/exburban Florida and Home Depot/Lowes and Walmart/Target are packed at all hours of the day, as is the mall. It certainly doesn't look like we'll have stagflation barring some unforeseen event.
Last edited by GP813 on Tue Nov 16, 2021 3:33 pm, edited 1 time in total.
Vtsax100
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Re: U.S. stocks continue to soar!

Post by Vtsax100 »

456M wrote: Tue Nov 16, 2021 3:14 pm As usual, ex US is in the red, just like god intended.
But just think of the rebalancing you will be able to do. :shock:
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HanSolo
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Re: U.S. stocks continue to soar!

Post by HanSolo »

Bwlonge wrote: Tue Oct 26, 2021 10:56 am It's still very hard knowing people are getting rich quickly while I am not.
This is the part I don't get. I don't know why this is hard. I just don't pay attention to other people. Why would I?

Yes, I know some Bogleheads are 100/0 and doing pretty well with that, but I have no idea if they're ahead of me or behind me in the big picture, and I don't care. Why would I?
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Re: U.S. stocks continue to soar!

Post by willthrill81 »

Bwlonge wrote: Tue Oct 26, 2021 10:56 am Thanks for the reminder. I tried picking stocks for a while, had solid information and those stocks are now doing well but with a lot of volatility. I still managed to lose money on them. I'm coming back to passive investing because the hype around investing just isn't for me. It's still very hard knowing people are getting rich quickly while I am not.
For every person who earns more than the market's average return, someone else earns less than average.
The Sensible Steward
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HanSolo
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Re: U.S. stocks continue to soar!

Post by HanSolo »

willthrill81 wrote: Tue Nov 16, 2021 4:06 pm
Bwlonge wrote: Tue Oct 26, 2021 10:56 am Thanks for the reminder. I tried picking stocks for a while, had solid information and those stocks are now doing well but with a lot of volatility. I still managed to lose money on them. I'm coming back to passive investing because the hype around investing just isn't for me. It's still very hard knowing people are getting rich quickly while I am not.
For every person who earns more than the market's average return, someone else earns less than average.
I think that's true. And if one wants to look at people in general, the lyrics of "Fast Car" by Tracy Chapman might be more indicative of how most people in the world are getting by.
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Bluemnatra
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Re: U.S. stocks continue to soar!

Post by Bluemnatra »

Cautionary Tale wrote: Tue Nov 16, 2021 3:21 pm Didn't there use to be an "ex-us continues to soar" thread? Feels like I haven't seen it in months.
Don't you know you need exUS to meet your goals. :P
"The greatest enemy of a good plan is the dream of a perfect plan"
Triple digit golfer
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Re: U.S. stocks continue to soar!

Post by Triple digit golfer »

Bluemnatra wrote: Tue Nov 16, 2021 4:41 pm
Cautionary Tale wrote: Tue Nov 16, 2021 3:21 pm Didn't there use to be an "ex-us continues to soar" thread? Feels like I haven't seen it in months.
Don't you know you need exUS to meet your goals. :P
Which investments are needed to meet one's goals is only known in hindsight.
Bluemnatra
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Re: U.S. stocks continue to soar!

Post by Bluemnatra »

Triple digit golfer wrote: Tue Nov 16, 2021 4:45 pm
Bluemnatra wrote: Tue Nov 16, 2021 4:41 pm
Cautionary Tale wrote: Tue Nov 16, 2021 3:21 pm Didn't there use to be an "ex-us continues to soar" thread? Feels like I haven't seen it in months.
Don't you know you need exUS to meet your goals. :P
Which investments are needed to meet one's goals is only known in hindsight.
Good for you sticking with an underperforming asset in your portfolio.
"The greatest enemy of a good plan is the dream of a perfect plan"
Triple digit golfer
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Re: U.S. stocks continue to soar!

Post by Triple digit golfer »

Bluemnatra wrote: Tue Nov 16, 2021 4:50 pm
Triple digit golfer wrote: Tue Nov 16, 2021 4:45 pm
Bluemnatra wrote: Tue Nov 16, 2021 4:41 pm
Cautionary Tale wrote: Tue Nov 16, 2021 3:21 pm Didn't there use to be an "ex-us continues to soar" thread? Feels like I haven't seen it in months.
Don't you know you need exUS to meet your goals. :P
Which investments are needed to meet one's goals is only known in hindsight.
Good for you sticking with an underperforming asset in your portfolio.
I am sticking with an asset that has underperformed. Whether it will continue, no one knows.

I find it easier to stick with assets that have underperformed, so I actually give myself more credit for sticking with U.S. total market/S&P 500 after such a long period of outperformance compared to international and small cap value.

I'm far more tempted (and still not very tempted at all) to add more international or some small cap value in place of some of my U.S. total market or S&P 500 funds than I am to dump international for more U.S.

But, I stay the course.
Bluemnatra
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Re: U.S. stocks continue to soar!

Post by Bluemnatra »

Triple digit golfer wrote: Tue Nov 16, 2021 5:27 pm
Bluemnatra wrote: Tue Nov 16, 2021 4:50 pm
Triple digit golfer wrote: Tue Nov 16, 2021 4:45 pm
Bluemnatra wrote: Tue Nov 16, 2021 4:41 pm
Cautionary Tale wrote: Tue Nov 16, 2021 3:21 pm Didn't there use to be an "ex-us continues to soar" thread? Feels like I haven't seen it in months.
Don't you know you need exUS to meet your goals. :P
Which investments are needed to meet one's goals is only known in hindsight.
Good for you sticking with an underperforming asset in your portfolio.
I am sticking with an asset that has underperformed. Whether it will continue, no one knows.

I find it easier to stick with assets that have underperformed, so I actually give myself more credit for sticking with U.S. total market/S&P 500 after such a long period of outperformance compared to international and small cap value.

I'm far more tempted (and still not very tempted at all) to add more international or some small cap value in place of some of my U.S. total market or S&P 500 funds than I am to dump international for more U.S.

But, I stay the course.
Honestly, most people would have trouble staying the course. Know thy self. Stay the course and invest you must!
"The greatest enemy of a good plan is the dream of a perfect plan"
lostdog
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Re: U.S. stocks continue to soar!

Post by lostdog »

Bluemnatra wrote: Tue Nov 16, 2021 4:50 pm
Triple digit golfer wrote: Tue Nov 16, 2021 4:45 pm
Bluemnatra wrote: Tue Nov 16, 2021 4:41 pm
Cautionary Tale wrote: Tue Nov 16, 2021 3:21 pm Didn't there use to be an "ex-us continues to soar" thread? Feels like I haven't seen it in months.
Don't you know you need exUS to meet your goals. :P
Which investments are needed to meet one's goals is only known in hindsight.
Good for you sticking with an underperforming asset in your portfolio.
Time machine back to the early 2000's: beep beep boop beep...

"Good for you for sticking with an underperforming asset SP500 in your portfolio"....
Stocks-80% || Bonds-20% || Taxable-VTI/VXUS || IRA-VT/BNDW
Bluemnatra
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Re: U.S. stocks continue to soar!

Post by Bluemnatra »

lostdog wrote: Tue Nov 16, 2021 5:48 pm
Bluemnatra wrote: Tue Nov 16, 2021 4:50 pm
Triple digit golfer wrote: Tue Nov 16, 2021 4:45 pm
Bluemnatra wrote: Tue Nov 16, 2021 4:41 pm
Cautionary Tale wrote: Tue Nov 16, 2021 3:21 pm Didn't there use to be an "ex-us continues to soar" thread? Feels like I haven't seen it in months.
Don't you know you need exUS to meet your goals. :P
Which investments are needed to meet one's goals is only known in hindsight.
Good for you sticking with an underperforming asset in your portfolio.
Time machine back to the early 2000's: beep beep boop beep...

"Good for you for sticking with an underperforming asset SP500 in your portfolio"....
Hey, can you hop in that time machine and tell me how much exUS outperformed US 2000-2009 and then tell me what the score is 2010-2021?....I'll wait :P

Edit: I couldn't wait

2000-2009
Image

2010-2019
Image
Last edited by Bluemnatra on Tue Nov 16, 2021 5:59 pm, edited 3 times in total.
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anoop
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Re: U.S. stocks continue to soar!

Post by anoop »

The number of IPOs this year is just absolutely insane. We have had 941 or nearly 5 IPOs per trading day this year!
https://stockanalysis.com/ipos/2021/
Triple digit golfer
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Re: U.S. stocks continue to soar!

Post by Triple digit golfer »

Bluemnatra wrote: Tue Nov 16, 2021 5:53 pm
lostdog wrote: Tue Nov 16, 2021 5:48 pm
Bluemnatra wrote: Tue Nov 16, 2021 4:50 pm
Triple digit golfer wrote: Tue Nov 16, 2021 4:45 pm
Bluemnatra wrote: Tue Nov 16, 2021 4:41 pm

Don't you know you need exUS to meet your goals. :P
Which investments are needed to meet one's goals is only known in hindsight.
Good for you sticking with an underperforming asset in your portfolio.
Time machine back to the early 2000's: beep beep boop beep...

"Good for you for sticking with an underperforming asset SP500 in your portfolio"....
Hey, can you hop in that time machine and tell me how much exUS outperformed US 2000-2009 and then tell me what the score is 2010-2021?....I'll wait :P

Edit: I couldn't wait

2000-2009
Image

2010-2019
Image
Thank you for showing that start and end dates matter and that there have been long periods of significant international outperformance.

I request the 1970s and 1980s, please!
Bluemnatra
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Re: U.S. stocks continue to soar!

Post by Bluemnatra »

Triple digit golfer wrote: Tue Nov 16, 2021 6:04 pm
Bluemnatra wrote: Tue Nov 16, 2021 5:53 pm
lostdog wrote: Tue Nov 16, 2021 5:48 pm
Bluemnatra wrote: Tue Nov 16, 2021 4:50 pm
Triple digit golfer wrote: Tue Nov 16, 2021 4:45 pm

Which investments are needed to meet one's goals is only known in hindsight.
Good for you sticking with an underperforming asset in your portfolio.
Time machine back to the early 2000's: beep beep boop beep...

"Good for you for sticking with an underperforming asset SP500 in your portfolio"....
Hey, can you hop in that time machine and tell me how much exUS outperformed US 2000-2009 and then tell me what the score is 2010-2021?....I'll wait :P

Edit: I couldn't wait

2000-2009
Image

2010-2019
Image
Thank you for showing that start and end dates matter and that there have been long periods of significant international outperformance.

I request the 1970s and 1980s, please!
:P :beer

I'm not changing your mind. And you're not changing mine. :sharebeer
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Bluemnatra
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Re: U.S. stocks continue to soar!

Post by Bluemnatra »

1990-1999:

Image

PV only went back to 1986 for Int'
And 1986-2019:

Image

Well at least International beat the 10 year treasury. 1986-2019:

Image
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nigel_ht
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Re: U.S. stocks continue to soar!

Post by nigel_ht »

HanSolo wrote: Tue Nov 16, 2021 3:57 pm
Bwlonge wrote: Tue Oct 26, 2021 10:56 am It's still very hard knowing people are getting rich quickly while I am not.
This is the part I don't get. I don't know why this is hard. I just don't pay attention to other people. Why would I?

Yes, I know some Bogleheads are 100/0 and doing pretty well with that, but I have no idea if they're ahead of me or behind me in the big picture, and I don't care. Why would I?
Lol, my wife compared her 401K gains to mine. I was pissed…I hold all the bonds while she does 100/0…

Not pissed enough to want to win though :)
Triple digit golfer
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Re: U.S. stocks continue to soar!

Post by Triple digit golfer »

Bluemnatra wrote: Tue Nov 16, 2021 6:11 pm 1990-1999:

Image

PV only went back to 1986 for Int'
And 1986-2019:

Image

Well at least International beat the 10 year treasury. 1986-2019:

Image
Find a source for the 1970s and report back.
000
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Re: U.S. stocks continue to soar!

Post by 000 »

Backtesting stock returns is just plain silly.
Triple digit golfer
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Re: U.S. stocks continue to soar!

Post by Triple digit golfer »

000 wrote: Tue Nov 16, 2021 8:55 pm Backtesting stock returns is just plain silly.
No testing here. Just viewing historical information, no different than looking at home run leaders in a decade or who led the NBA in scoring in any given year.

The point is, assets that perform poorly in some periods have performed well in others. But one actually needs to acknowledge those periods in order to see these facts.
jarjarM
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Re: U.S. stocks continue to soar!

Post by jarjarM »

000 wrote: Tue Nov 16, 2021 8:55 pm Backtesting stock returns is just plain silly.
Wait, we can't??? You just destroyed PV's business model :twisted: :D
000
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Re: U.S. stocks continue to soar!

Post by 000 »

Triple digit golfer wrote: Tue Nov 16, 2021 9:00 pm No testing here. Just viewing historical information, no different than looking at home run leaders in a decade or who led the NBA in scoring in any given year.

The point is, assets that perform poorly in some periods have performed well in others. But one actually needs to acknowledge those periods in order to see these facts.
Sure; I was more referring to the previous poster claiming ex-US was a bad investment due to historical performance.
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HanSolo
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Re: U.S. stocks continue to soar!

Post by HanSolo »

Bluemnatra wrote: Tue Nov 16, 2021 4:50 pm Good for you sticking with an underperforming asset in your portfolio.
We can't all be 100% TSLA like you... congrats!
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000
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Re: U.S. stocks continue to soar!

Post by 000 »

jarjarM wrote: Tue Nov 16, 2021 9:03 pm Wait, we can't??? You just destroyed PV's business model :twisted: :D
"There's a speculator born every minute." -- Issac Newton
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jason2459
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Post by jason2459 »

000 wrote: Tue Nov 16, 2021 9:17 pm
jarjarM wrote: Tue Nov 16, 2021 9:03 pm Wait, we can't??? You just destroyed PV's business model :twisted: :D
"There's a speculator born every minute." -- Issac Newton
He would know too as he got caught up in the south sea bubble.
"In the short run, the stock market is a voting machine; in the long run, it is a weighing machine" ~Benjamin Graham
000
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Re: U.S. stocks continue to soar!

Post by 000 »

jason2459 wrote: Tue Nov 16, 2021 9:55 pm
000 wrote: Tue Nov 16, 2021 9:17 pm
jarjarM wrote: Tue Nov 16, 2021 9:03 pm Wait, we can't??? You just destroyed PV's business model :twisted: :D
"There's a speculator born every minute." -- Issac Newton
He would know too as he got caught up in the south sea bubble.
Sorry, forgot the \s :twisted:
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Re: U.S. stocks continue to soar!

Post by Bluemnatra »

HanSolo wrote: Tue Nov 16, 2021 9:10 pm
Bluemnatra wrote: Tue Nov 16, 2021 4:50 pm Good for you sticking with an underperforming asset in your portfolio.
We can't all be 100% TSLA like you... congrats!
I'm 100% RIVN :moneybag

I like the VBIAX!
"The greatest enemy of a good plan is the dream of a perfect plan"
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HanSolo
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Re: U.S. stocks continue to soar!

Post by HanSolo »

Bluemnatra wrote: Tue Nov 16, 2021 10:20 pm
HanSolo wrote: Tue Nov 16, 2021 9:10 pm
Bluemnatra wrote: Tue Nov 16, 2021 4:50 pm Good for you sticking with an underperforming asset in your portfolio.
We can't all be 100% TSLA like you... congrats!
I'm 100% RIVN :moneybag
RIVN is no TSLA. They have a long way to go before catching up (if that's even possible). But hey... good for you, sticking with an underperforming asset in your portfolio!
I like the VBIAX!
It's 40% bonds. Yes, I'm also "sticking with an underperforming asset" (as the epithet goes). We can't all be you!

And while your concern about other people's portfolios is nice, your previous stance was probably more practical... from another thread:
Bluemnatra wrote: Fri Aug 27, 2021 4:56 pm Why does anyone care what other people do with their money? Invest how you want. I think we all make informed decisions with the information we take in from all sources. No one know's who's going to be right or wrong.
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Bluemnatra
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Re: U.S. stocks continue to soar!

Post by Bluemnatra »

HanSolo wrote: Tue Nov 16, 2021 10:56 pm
Bluemnatra wrote: Tue Nov 16, 2021 10:20 pm
HanSolo wrote: Tue Nov 16, 2021 9:10 pm
Bluemnatra wrote: Tue Nov 16, 2021 4:50 pm Good for you sticking with an underperforming asset in your portfolio.
We can't all be 100% TSLA like you... congrats!
I'm 100% RIVN :moneybag
RIVN is no TSLA. They have a long way to go before catching up (if that's even possible). But hey... good for you, sticking with an underperforming asset in your portfolio!
I like the VBIAX!
It's 40% bonds. Yes, I'm also "sticking with an underperforming asset" (as the epithet goes). We can't all be you!

And while your concern about other people's portfolios is nice, your previous stance was probably more practical... from another thread:
Bluemnatra wrote: Fri Aug 27, 2021 4:56 pm Why does anyone care what other people do with their money? Invest how you want. I think we all make informed decisions with the information we take in from all sources. No one know's who's going to be right or wrong.
I really do like VBIAX, it’s done well for my mom. And I was serious about sticking with an underperforming asset. Im not sure what’s so negative about that? If you go with a strategy and bail halfway through then it’s probably not a good idea to go down that path. If you believe international will outperform, but bail before that happens then in my opinion that’s worse than going all US. And I’m sure there are people who’ve done just that.
"The greatest enemy of a good plan is the dream of a perfect plan"
rockstar
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Re: U.S. stocks continue to soar!

Post by rockstar »

Bluemnatra wrote: Wed Nov 17, 2021 12:42 am
HanSolo wrote: Tue Nov 16, 2021 10:56 pm
Bluemnatra wrote: Tue Nov 16, 2021 10:20 pm
HanSolo wrote: Tue Nov 16, 2021 9:10 pm
Bluemnatra wrote: Tue Nov 16, 2021 4:50 pm Good for you sticking with an underperforming asset in your portfolio.
We can't all be 100% TSLA like you... congrats!
I'm 100% RIVN :moneybag
RIVN is no TSLA. They have a long way to go before catching up (if that's even possible). But hey... good for you, sticking with an underperforming asset in your portfolio!
I like the VBIAX!
It's 40% bonds. Yes, I'm also "sticking with an underperforming asset" (as the epithet goes). We can't all be you!

And while your concern about other people's portfolios is nice, your previous stance was probably more practical... from another thread:
Bluemnatra wrote: Fri Aug 27, 2021 4:56 pm Why does anyone care what other people do with their money? Invest how you want. I think we all make informed decisions with the information we take in from all sources. No one know's who's going to be right or wrong.
I really do like VBIAX, it’s done well for my mom. And I was serious about sticking with an underperforming asset. Im not sure what’s so negative about that? If you go with a strategy and bail halfway through then it’s probably not a good idea to go down that path. If you believe international will outperform, but bail before that happens then in my opinion that’s worse than going all US. And I’m sure there are people who’ve done just that.
If something isn't working, bail. But give it a reasonable amount of time to perform. I like a two year threshold. And I like to buy what's going up, not what's going down.

Right now, my VOO and QQQ are going to the moon, and I'm loving it.
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HanSolo
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Re: U.S. stocks continue to soar!

Post by HanSolo »

Bluemnatra wrote: Wed Nov 17, 2021 12:42 am I really do like VBIAX, it’s done well for my mom. And I was serious about sticking with an underperforming asset. Im not sure what’s so negative about that?
I haven't said what's negative and what's not. My meaning is that my own stance is more in line with your August comment (quoted above) than your critique of other people's portfolio choices (also quoted above).
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Bluemnatra
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Re: U.S. stocks continue to soar!

Post by Bluemnatra »

HanSolo wrote: Wed Nov 17, 2021 1:06 am
Bluemnatra wrote: Wed Nov 17, 2021 12:42 am I really do like VBIAX, it’s done well for my mom. And I was serious about sticking with an underperforming asset. Im not sure what’s so negative about that?
I haven't said what's negative and what's not. My meaning is that my own stance is more in line with your August comment (quoted above) than your critique of other people's portfolio choices (also quoted above).
Perhaps I misinterpreted your post, my apologies if that was the case.
"The greatest enemy of a good plan is the dream of a perfect plan"
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HanSolo
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Re: U.S. stocks continue to soar!

Post by HanSolo »

Bluemnatra wrote: Wed Nov 17, 2021 1:11 am
HanSolo wrote: Wed Nov 17, 2021 1:06 am
Bluemnatra wrote: Wed Nov 17, 2021 12:42 am I really do like VBIAX, it’s done well for my mom. And I was serious about sticking with an underperforming asset. Im not sure what’s so negative about that?
I haven't said what's negative and what's not. My meaning is that my own stance is more in line with your August comment (quoted above) than your critique of other people's portfolio choices (also quoted above).
Perhaps I misinterpreted your post, my apologies if that was the case.
Perhaps I misinterpreted yours. Your august August comment seemed to advocate not criticizing other people's portfolio choices. But then you engaged in same (in this thread, prior to my post). The two are contradictory. Which one is your true position?
Strategic Macro Senior (top 1%, 2019 Bogleheads Contest)
nigel_ht
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Re: U.S. stocks continue to soar!

Post by nigel_ht »

rockstar wrote: Wed Nov 17, 2021 12:46 am
Bluemnatra wrote: Wed Nov 17, 2021 12:42 am
HanSolo wrote: Tue Nov 16, 2021 10:56 pm
Bluemnatra wrote: Tue Nov 16, 2021 10:20 pm
HanSolo wrote: Tue Nov 16, 2021 9:10 pm

We can't all be 100% TSLA like you... congrats!
I'm 100% RIVN :moneybag
RIVN is no TSLA. They have a long way to go before catching up (if that's even possible). But hey... good for you, sticking with an underperforming asset in your portfolio!
I like the VBIAX!
It's 40% bonds. Yes, I'm also "sticking with an underperforming asset" (as the epithet goes). We can't all be you!

And while your concern about other people's portfolios is nice, your previous stance was probably more practical... from another thread:
Bluemnatra wrote: Fri Aug 27, 2021 4:56 pm Why does anyone care what other people do with their money? Invest how you want. I think we all make informed decisions with the information we take in from all sources. No one know's who's going to be right or wrong.
I really do like VBIAX, it’s done well for my mom. And I was serious about sticking with an underperforming asset. Im not sure what’s so negative about that? If you go with a strategy and bail halfway through then it’s probably not a good idea to go down that path. If you believe international will outperform, but bail before that happens then in my opinion that’s worse than going all US. And I’m sure there are people who’ve done just that.
If something isn't working, bail. But give it a reasonable amount of time to perform. I like a two year threshold. And I like to buy what's going up, not what's going down.

Right now, my VOO and QQQ are going to the moon, and I'm loving it.
Small cap and ex-US is more like a two decade threshold…
CurlyDave
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Re: U.S. stocks continue to soar!

Post by CurlyDave »

Getting back to soaring, the Curly Family Portfolio just hit an all-time intraday high. :mrgreen: :mrgreen:

If I could somehow persuade them to ring the closing bell right now The combination of our QQQ and fun money would push us over the top. Despite taking (and spending) RMDs every month along the way. And the slight negative results in SPY and NASDAQ. :sharebeer
Answering a question is easy -- asking the right question is the hard part.
RS82
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Re: U.S. stocks continue to soar!

Post by RS82 »

Despite the upbeat headlines today the big three are down a bit, go figure.
atdharris
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Re: U.S. stocks continue to soar!

Post by atdharris »

The smallish investment I made in Microsoft in 2014 has swelled to nearly 12% of my portfolio. Sometimes I wonder when it's time to cut back, but it keeps rolling along.
Leesbro63
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Re: U.S. stocks continue to soar!

Post by Leesbro63 »

atdharris wrote: Wed Nov 17, 2021 11:05 am The smallish investment I made in Microsoft in 2014 has swelled to nearly 12% of my portfolio. Sometimes I wonder when it's time to cut back, but it keeps rolling along.
Hence the problem with buying individual stocks. Even if you pick a big winner, you have to know when to sell and have to pay tax (unless in sheltered).
atdharris
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Re: U.S. stocks continue to soar!

Post by atdharris »

Leesbro63 wrote: Wed Nov 17, 2021 11:23 am
atdharris wrote: Wed Nov 17, 2021 11:05 am The smallish investment I made in Microsoft in 2014 has swelled to nearly 12% of my portfolio. Sometimes I wonder when it's time to cut back, but it keeps rolling along.
Hence the problem with buying individual stocks. Even if you pick a big winner, you have to know when to sell and have to pay tax (unless in sheltered).
Unfortunately it's in my taxable account and sitting on a 600%+ gain
Leesbro63
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Re: U.S. stocks continue to soar!

Post by Leesbro63 »

atdharris wrote: Wed Nov 17, 2021 11:27 am
Leesbro63 wrote: Wed Nov 17, 2021 11:23 am
atdharris wrote: Wed Nov 17, 2021 11:05 am The smallish investment I made in Microsoft in 2014 has swelled to nearly 12% of my portfolio. Sometimes I wonder when it's time to cut back, but it keeps rolling along.
Hence the problem with buying individual stocks. Even if you pick a big winner, you have to know when to sell and have to pay tax (unless in sheltered).
Unfortunately it's in my taxable account and sitting on a 600%+ gain
Well, it's a good problem to have. But still a problem!
Marseille07
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Re: U.S. stocks continue to soar!

Post by Marseille07 »

atdharris wrote: Wed Nov 17, 2021 11:27 am
Leesbro63 wrote: Wed Nov 17, 2021 11:23 am
atdharris wrote: Wed Nov 17, 2021 11:05 am The smallish investment I made in Microsoft in 2014 has swelled to nearly 12% of my portfolio. Sometimes I wonder when it's time to cut back, but it keeps rolling along.
Hence the problem with buying individual stocks. Even if you pick a big winner, you have to know when to sell and have to pay tax (unless in sheltered).
Unfortunately it's in my taxable account and sitting on a 600%+ gain
Can't you spend down to pay your living expenses, meanwhile buy other assets with your income? This might reduce your taxes than selling the whole thing at once.
CurlyDave
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Re: U.S. stocks continue to soar!

Post by CurlyDave »

Leesbro63 wrote: Wed Nov 17, 2021 11:30 am
atdharris wrote: Wed Nov 17, 2021 11:27 am
Leesbro63 wrote: Wed Nov 17, 2021 11:23 am
atdharris wrote: Wed Nov 17, 2021 11:05 am The smallish investment I made in Microsoft in 2014 has swelled to nearly 12% of my portfolio. Sometimes I wonder when it's time to cut back, but it keeps rolling along.
Hence the problem with buying individual stocks. Even if you pick a big winner, you have to know when to sell and have to pay tax (unless in sheltered).
Unfortunately it's in my taxable account and sitting on a 600%+ gain
Well, it's a good problem to have. But still a problem!
It is a problem along the lines of "I put x% of my net worth under my mattress in cash. It has recently become too thick of a wad, my bed is lumpy and I can not sleep properly."

This is a very, very good problem to have. Please send me a problem like that.
Answering a question is easy -- asking the right question is the hard part.
atdharris
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Re: U.S. stocks continue to soar!

Post by atdharris »

Marseille07 wrote: Wed Nov 17, 2021 12:35 pm
atdharris wrote: Wed Nov 17, 2021 11:27 am
Leesbro63 wrote: Wed Nov 17, 2021 11:23 am
atdharris wrote: Wed Nov 17, 2021 11:05 am The smallish investment I made in Microsoft in 2014 has swelled to nearly 12% of my portfolio. Sometimes I wonder when it's time to cut back, but it keeps rolling along.
Hence the problem with buying individual stocks. Even if you pick a big winner, you have to know when to sell and have to pay tax (unless in sheltered).
Unfortunately it's in my taxable account and sitting on a 600%+ gain
Can't you spend down to pay your living expenses, meanwhile buy other assets with your income? This might reduce your taxes than selling the whole thing at once.
I thought about doing something gradual like that. Sell off MSFT and up my 401k contributions to offset, although I could hit max by doing that. I know it's risky to keep that much in one company, even though MSFT is doing well right now.
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