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Tag Archive | stock market

Just Because The Dow Was Down 6% In 2018 Does Not Mean All Investors Lost Money. No Sire.

by Anura Guruge


Click to ENLARGE. From the Jan. 1, 2019 marketwatch.com.


No, my stock investments did NOT lose money in 2018. They actually appreciated, as they should. I have not lost money on the stock market in quite a few years. {Smile}.

No, it wasn’t luck. Much of it was patience, prudence and sanguinity. When I was younger I used to panic and start selling when the market went down. Well, after nearly 30-years I finally learnt. And towards the end I was inspired by two elderly gentleman, both close to 80, who had done very well as investors. I learnt from them. They were long term investors. Buying and holding ‘solid’ stock for years without constantly trading and chasing the latest fad/trend.

Their wisdom finally dawned on after I turned 55. I started thinking long-term and strategically.

That I stayed FULLY invested during the financial carnage of 2008 — 2012 helped. Proved to me that I can weather the worst downturns and still survive. Of course, those of us who suffered during those 4-years came out of it stronger and then started reaping rapid gains soon after. That was a nice boost.

I do a lot of options BUT I don’t churn stock. I buy and hold for years and I have bought well. {Smile}

Yes, sometimes I do think I should share with others my investing insights. But, I am not licensed etc. So, alas, I have to keep much of my strategy to myself.

But, please, going forward THINK — ‘be patient’, ‘be sanguine’, ‘try not to panic’, ‘think long’, ‘buy-and-hold’.

Happy New Year. Good investing. 2019 will be a better year I hope — for YOUR sake.


Related posts:
Categories ‘Investments& ‘Brains‘.


by Anura Guruge


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Dow Shoots Up 152 To A Stock Market Record On The Day Of The Worst Mass Shooting In History — MUST Tell Us Something!

by Anura Guruge


From MarketWatch.com


The relentless, never ending RISE of the Stock Market since Drump. From MarketWatch.com.


This was sobering and scary. This is a market that knows NO FEAR — and that is scary.

What would justify investors driving up the market, to 152 pts on the Dow, and to an all time HIGH when TV media, all day, has been saturated in blood. This is unreal. Yes, I know. It is the greed to do with the looming tax cuts. But, that is a long way out.

Not sour grapes on my part. I am fully-invested, and long — and have been since 2007! {Smile} Yes, I took all the pain, downturn and horrendous losses of the recession and held my nerve just. I can smile now. So, this is good for I. But, I am very pragmatic investor. I know when we go against the grain and that we are doing right now.

Today, was NOT right, by any measure, any standard, any set of values. We are going to have to pay for this greed — though I use the ‘we’ more in the Royal sense. Scary.


Related Posts:
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Check Category ‘Investments’  >>>>


by Anura Guruge

Next Week, Year End 2016, On The Stock Market — My Take.

by Anura Guruge


dow2000

Dow ’30’, 1:20pm on Wednesday, December 21, 2016, ‘The Solstice’ — trying but failing to flirt with Dow 20,000.


The U.S. Stock Market, next week, December 27 – 30, in my opinion is going to rater STRANGE.

For a start, with Monday (Boxing Day) a holiday in lieu of Christmas Day (falling on a Sunday) it is going to be a short week (albeit not with stocks getting shorted) — with most likely very THIN volumes.

Whether the Dow hits, or is over, 20,000 is not going to matter most.

But, we are going to see another Trump effect!

Typically this is the week that savvy investors rebalance their portfolio to exploit CAPITAL GAINS — or more to the point CAPITAL LOSSES.

But, this year that is going to be different.

By and large, unless you have been very unlucky or imprudent, there isn’t going to be that much Capital Losses around! The market has done well. {SMILE}

Plus, most people MUST BELIEVE that Trump, in his first year, i.e., 2017, will REDUCE Capital Gains tax.

So why sell in 2016. Wait to see what Trump does in 2017.

That will be a MAJOR FACTOR.

So, I, for one, do NOT expect to see much CAPITAL GAINS/LOSSES related selling next week. We might see some in the first week of January.

And then there will be the CUSTOMARY ‘Window Dressing’ by the Stock Fund Managers, who yet again (as tends to be their wont), got it WRONG. So that will fuel another wave of buying.

That is my take. Not that I plan to do much next week. I am all set — thank you. {SMILE}

Have some BIG options expiring next year.

Happy Holidays.


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by Anura Guruge

NYSE Further Insults Veterans & The World: Features China’s Despicable ‘Singles Day’ On Veterans Day.

Anura Guruge December 2014 thumbnail.
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by Anura Guruge


chingchongRelated posts:
>> Despicable Chinese & 11/11 Singles Day.
>> Contacting World Leaders re. Singles Day.

>> U.S. stands IMPOTENT while China cocks-a-snook. 


Today, Armistice Day, Remembrance Day, Veterans Day & Poppy Day is a Federal Holiday.

The NYSE is OPEN.

But not only that, they FEATURED China’s Alibaba, for their despicable ‘Singles Day’
that they CHOSE to be on 11/11 to make fun of the World.

This is NOT right.

I own Alibaba shares. That doesn’t mean I think that this is right.


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Alibaba ringing the Opening Bell at the NYSE on Veterans Day 2015. This is DISGUSTING.


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From Forbes. Click for original. China cocks-a-snook at the World as WE mark WW I & WW II.


I see all these people claiming to support our Veterans and honor the War dead.

But everybody sits around doing NOTHING.

We have to do SOMETHING.


I Was NOT Smiling While Watching, Live, The House Vote On The Nearly-Clean, Continuing Resolution (CR) Bill …

Anura Guruge, June 8, 2013.

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Anura Guruge


Related posts:
>> I can’t stop smiling … — Oct.1, 2013.

>> NASA’s shameful shutdown — Oct. 6, 2013.
>> Back Pay for but not back to work — Oct. 5, 2013.
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Search on ‘healthcare’ or ‘Obama’ for other posts >>>>


Click to see it in all its GLORY.

Click to see it in all its GLORY.


Click to read IF you didn't read it earlier.

Click to read IF you didn’t read it earlier.


Click to ENLARGE. Google News headlines at midnight this morning.

Click to ENLARGE. Google News headlines, annotated, at midnight this morning.


dowgvtsht


I was nearly wetting myself laughing!

blnancyYes, I watched it live. I knew the math and I can do mental arithmetic when I have to. Within 5 minutes of the vote opening, when I saw that we had 20 Republican votes (and I thank all 90 of the enlightened Republicans for finally doing the right and smart thing), I knew the deal was done. I knew that my patron saint, St. Nancy, would deliver AT LEAST 190. So the required 217 was in my sights.

I had to laugh. This was so, so predictable, which is why I had started smiling on October 1.

Yes, I will confess, I was worried Tuesday night when John Orange Skin‘ Boehner dropped the bloody ball BUT I had faith that the grownup Republicans wouldn’t let the country default.

This was so pointless. Yes, I am a political and news junkie. So I follow the nuances of all of this closer than most — plus, as Deanna will point out, I have the time to do so. This was an hiding to nothing.

Yes, I am furious with bloody Obama about the Obamacare fiasco and I will support him being impeached for that. Remember that I am the first person, as far as I know, that contacted a Senator demanding a Congressional Inquiry — and that was on October 2, 2013.

As long as we didn’t breach the debt ceiling that the market was going to be ‘A OK’ — and would recover anything that it had given up. So I opted to stay in (though it did test my resolve a couple of times).

We can now also forget any tapering till September 2014. Mark my word. Fixed income is on fire again.

To add icing to the cake, Cory Booker WON, as we all knew he would. As an ex-Republican I feel bad for the Republicans. I now realize that the U.S. will be under Democratic Presidents for the rest of my life. 2 more years of this one and I will admit that I am bummed with him for his corruption. Then 8 years under Hillary and just even saying that amazes me because I was anti-Clinton for so long. Then 8 years under Booker, who really will be an outstanding President (though I need clarifications as to his orientation). That is 18 years … right? That takes care of me. 

Smile … for NOW.

Next year is another year. Yes, we might all want to cash in on January 1, 2014 and wait out the next convulsion. But, I will keep you posted.

Good Friday, March 29, 2013, Is A Holiday For Kids In Alton. I Am Glad. Happy Easter.

Dec2013x125

U.S. public holiday vs. those in the U.K. Click to ENLARGE.



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by
Anura Guruge


+++++ For other ‘Holiday’ posts check category ‘holiday’ on the sidebar >>>


Good Friday, nor Easter Monday are public holidays in the U.S. — though the Stock Market is closed on Good Friday, which as far as I am concerned makes it a key holiday.

But, there is postal delivery, in theory, on Good Friday. It is not a general holiday in NH or for NH schools.

I have lived in 4 countries and the U.S. is the only one of those where Good Friday and Easter Monday are not holidays. Took me the longest time to get used to that. A four day holiday, at the start of Spring, with obligatory ham and chocolate, is a nice break for all.

I am glad that the Alton kids have Good Friday off. Nice touch. Yes, it is one of those handy ‘teacher conference‘ days. If I had my way they would have Monday off too. I can’t remember whether this happens in Alton each year.

But, this is good. Happy Easter.

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