So thrilled with the market right now!

[Christine]

Quote:

Originally Posted by W2R As you may notice, I did not utter the dreaded "W" word in this post (as I did back in 2007), so maybe this time it will keep going up, and up, and up! How's your portfolio doing?

My new Tesla Model X is getting more and more paid for - so I'm not complaining. And I guess the W-word is the one I make when I push the acceerator in my car?

[38Chevy454]

I'm with the rest that say good and happy with the market. However after taking the longer term perspective, the recent quarter and the preceding quarter are just part of the larger overall market returns. I do admit the past 5 years has been a nice runup, no complaints there.

[W2R]

Quote:

Originally Posted by Christine My new Tesla Model X is getting more and more paid for - so I'm not complaining. And I guess the W-word is the one I make when I push the acceerator in my car?

That's it!

I really should go buy that new Highlander that I have been thinking about. I really don't need a new car so I keep procrastinating. Plus, there are several other models of SUV that seem pretty wonderful, too.

[mamadogmamacat]

Quote:

Originally Posted by imoldernu Dow Leader retires at the top of hs game. https://www.cnbc.com/2019/04/02/davi...-retiring.html

Interesting fellow. Also responsible for choosing SP index funds. Based on his books, listed below, sounds like his investing philosophy matches well with many of us: (from Wiki)

Blitzer is the author of Outpacing the Pros: Using Indices to Beat Wall Street’s Savviest Money Managers, (McGraw-Hill, 2001) and What’s the Economy Trying to Tell You? Everyone’s Guide to Understanding and Profiting from the Economy, (McGraw-Hill, 1997).

[Ed B]

Dear lawd!20190402_115641.jpeg

[donheff]

This thread doesn't count as a jinx without that snail on a turtle graphic (or whatever it was).

[Andre1969]

Quote:

Originally Posted by W2R That's it! I really should go buy that new Highlander that I have been thinking about. I really don't need a new car so I keep procrastinating. Plus, there are several other models of SUV that seem pretty wonderful, too.

I've been wanting a Dodge Charger for years now, but kept procrastinating. But, today I started smelling a slight hint of antifreeze, in my 2003 Regal. It goes in the shop on Wednesday. Hate to say it, but there's a part of me that's hoping for some major repair, to FORCE me to ditch it, and upgrade.


Of course, the moment I do that, the market will crash and I'll whine about buying a new car at the wrong time!

[HawkeyeNFO]

Quote:

Originally Posted by Andre1969 Of course, the moment I do that, the market will crash and I'll whine about buying a new car at the wrong time!

If you take money out, and then the market crashes, doesn't that make you a genius?

[Rianne]

Quote:

Originally Posted by Rustic23 1987 - Down 22% in one day! I was in the market!

I remember exactly where I was that day. And the panic. TG for DH. He said "time to buy more."

We have 2 more years to sit back, watch and wait. Leaving portfolio alone until then.

[Andre1969]

Quote:

Originally Posted by HawkeyeNFO If you take money out, and then the market crashes, doesn't that make you a genius?

I hadn't thought of it like that. Yeah, I guess if I put a big down payment on it, or paid cash, and the market crashed right after, I'd count myself lucky.


But, what's probably going to happen, is that if I pay cash for something major like that, the market will then skyrocket. If I finance, the market will drop, so I can whine about the monthly payments all the way down...

[NW-Bound]

I just sold 6 covered call contracts on various shares I own.

If the market goes up again, I will sell more, and at higher strike prices.

[joeea]

Quote:

Originally Posted by marko Just the way I look at it. What I mean is that the year/economy/market was going along quite well until October. Then the Fed made statements and the market tumbled, in my view, needlessly. I don't see the Oct/Dec drop as a real reflection of the market's/economy's health or potential, just an artificial downdraft caused by some poorly timed statements. Had the Fed made those comments in April of '18 we'd have had time to recover, as evidenced by our current surge/compensation. Again, YMMV. Just my personal perspective.

Got it. So you blame the Fed's statements. And that's "artificial".
Interesting. Thanks.

[Lsbcal]

Might buy an Apple Watch.

[ziggy29]

Wh....

Wh......

Wh.........

No, I can't say it. Not until I've decided to drop my AA to 40/60 or less.

[audreyh1]

Quote:

Originally Posted by HawkeyeNFO If you take money out, and then the market crashes, doesn't that make you a genius?

Exactly!!!!

[W2R]

Quote:

Originally Posted by Andre1969 I've been wanting a Dodge Charger for years now, but kept procrastinating. But, today I started smelling a slight hint of antifreeze, in my 2003 Regal. It goes in the shop on Wednesday. Hate to say it, but there's a part of me that's hoping for some major repair, to FORCE me to ditch it, and upgrade. Of course, the moment I do that, the market will crash and I'll whine about buying a new car at the wrong time!

I found myself staring longingly at the Toyota dealership as we drove by today. You know, the one where they have about a billion shiny, brand new Highlanders parked, waiting to go on a test drive....

But you know, this is stupid. I don't even need a new SUV in the first place, and also six months ago I thought I wanted a Murano.

Instead of going on a test drive, I went and got a safety inspection sticker for my Venza (they call them "brake tags" here). The one I had would be expired before the end of the month.

[Moemg]

If this is going to be your last car why a highlander ? I would buy the Toyota Supra that I drooled over in my younger years and drive it for a year or two before I bought a sensible car .https://www.toyota.com/upcoming-vehi...4KXg&gclsrc=ds

[Walt34]

Made me look. The IRA at Vanguard is at an all-time high right now. DW wants recessed lighting in the kitchen. So maybe we should spend some money on nonessential stuff. Better that than have it all pass to heirs.

And it will make DW smile. That is never a bad thing.

[ziggy29]

Quote:

Originally Posted by Walt34 And it will make DW smile. That is never a bad thing.

"Happy wife, happy life." Isn't that what they say?

[Lsbcal]

Quote:

Originally Posted by W2R I found myself staring longingly at the Toyota dealership as we drove by today. You know, the one where they have about a billion shiny, brand new Highlanders parked, waiting to go on a test drive.... But you know, this is stupid. I don't even need a new SUV in the first place, and also six months ago I thought I wanted a Murano. Instead of going on a test drive, I went and got a safety inspection sticker for my Venza (they call them "brake tags" here). The one I had would be expired before the end of the month.

A solution that works for me is when I feel really flush I buy some modestly costly thing that satisfies the urge to splurge. Or I take DW out for a dinner. Anything to satisfy that emotion.

For me it might be an Apple 4 watch as our son got me a Fitbit Versa (for a gift) but the band fell off after 2 days and cannot get it back on. So I could return the Fitbit and trade up to the Apple for a modest amount.