lol
Nike crushes earnings expectations, helped by strong online sales, shares surge
https://www.cnbc.com/2018/12/20/nike-earnings-q2-2019.html
Quote: billryanUntil you mentioned them in this sentence, no one had brought up index funds.
The NY Mets were formed in 1962. An equally factual statement that also has nothing to do with the subject at hand.
Nor have I argued that there is anything wrong with buying and holding. Its what I've done my whole life.
Investing 50% of your portfolio in bonds and international is not the way to ensure a happy retirement. Bonds don't grow your portfiolio, they act as a hedge. Unless you are in your seventies, 30% in bonds is overkill. The link you posted recommends 10% bonds for younger investors.
Cool, we agree more than we disagree then. My apologies on misinterpreting your disagreement. When I see someone listing percentages and market sectors like that, I just assume they're using index funds to get the exposure they want. I assumed you had a problem with that part of it, which was silly.
I agree with you that 30% bonds is too heavy. But for someone who doesn't like volatility, it's defensible.
I also believe in international diversification, but it is contentious. Really a huge discussion that I don't care to have here. Personally I allocate 25% of my equity to international index funds. Some big names, Bogle, Buffet, have said they don't think it's necessary. But at the same time, every target date retirement fund or balanced stock/bond index fund at any brokerage (Fidelity, Vanguard, Schwab) will have a pretty big chunk in international. It hasn't been good for the last several years, but international stocks beat the pants off of the US for most of the 80s and 90s, and other long stretches of time.
My personal asset allocation (I'm 34 wife is 32) is 90% equities and 10% bonds. And within the 90% equities go 25% total international and 75% total US.
or don't catch a falling knife?
The crazy thing is that even with this huge hit, I can't find any stock I'm in love with to buy. I'm glad I don't handle much of my money.
what's a good stock fund to buy for a recession?Quote: billryanThe only people who get hurt on a roller coaster are the ones who try to get off mid-ride.
The crazy thing is that even with this huge hit, I can't find any stock I'm in love with to buy. I'm glad I don't handle much of my money.
basic consumer goods fund?
Quote: vegasAT&T stock is at a 8 year low. Plus it pays a 7% dividend. Great stock at that price. Just sit back and collect the nice dividend.
This is a personal favorite of mine.,
.
Utilities and entertainment sector funds.Quote: 100xOddswhat's a good stock fund to buy for a recession?
basic consumer goods fund?
If it falls to $5,860 again, I’m buying.
Amazon reached $2,050 in September, and closed at $1,377 yesterday. It has a one year target price of $2,136.
Quote: teliotUtilities and entertainment sector funds.
The funeral business never DIES down
Quote: darkozThe funeral business never DIES down
Yet people cut way back on funerals during them.
Quote: darkozThe funeral business never DIES down
Yeah until they can't kill enough people to meet quarterly estimates
Quote: darkozThe funeral business never DIES down
Funny you should say that. I'll say I've had around 5 stocks that I've bought that went bankrupt with me losing my entire amount invested. One of them was a funeral home company, called Loewen if I remember correctly. Enron, NTEK, comdisco are 3 others that come to mind.
why are those 2 sectors immune in a recession?Quote: teliotUtilities and entertainment sector funds.
and why not consumer staples?
He was a hero to me.
I've read all of his books.
His strategy was simple and logical.
I've done very well with it; it's not a strategy you hit home runs with.
that's okay. I'll hit my home runs at the racetrack
RIP guy. thanks for giving little guys like me a great chance to succeed in the market
https://www.nytimes.com/2019/01/16/obituaries/john-bogle-vanguard-dead.html?action=click&module=Top%20Stories&pgtype=Homepage
Bogle was a pioneer in his field and helped millions gain entry into financial markets. Rest in peace.
I do most of my investing at Vanguard whenever I can (over the past year I consolidated everything except my current 401(k) there). Love the company, the structure (investors own the funds), and the competition they have brought on. They aren't even the lowest cost anymore (Fidelity introduced 2 mutual funds last year with zero expense ratios), but I stick with them due to their long term commitment to low costs and customers.
Sadly, Vanguard's website kind of sucks. I wish they would get with the program in that respect. But I've learned to work with its idiosyncrasies, and it's nothing that prevents me from investing.
F
he said:
𝘢 𝘮𝘰𝘯𝘬𝘦𝘺 𝘵𝘩𝘳𝘰𝘸𝘪𝘯𝘨 𝘥𝘢𝘳𝘵𝘴 𝘢𝘵 𝘵𝘩𝘦 𝘴𝘵𝘰𝘤𝘬 𝘱𝘢𝘨𝘦𝘴 𝘰𝘧 𝘵𝘩𝘦 𝘞𝘢𝘭𝘭 𝘚𝘵𝘳𝘦𝘦𝘵 𝘑𝘰𝘶𝘳𝘯𝘢𝘭 𝘸𝘪𝘭𝘭 𝘰𝘶𝘵𝘱𝘦𝘳𝘧𝘰𝘳𝘮 70% 𝘰𝘧 𝘞𝘢𝘭𝘭 𝘚𝘵𝘳𝘦𝘦𝘵'𝘴 𝘮𝘰𝘯𝘦𝘺 𝘮𝘢𝘯𝘢𝘨𝘦𝘳𝘴
he pissed off a lot of people with that one