The rocket's red glare last night

[Value Buy]

in the neighborhood was massive. Never have I seen so much family fireworks shows.
The econmy has to be booming for people to put on their own shows for hours
Thank you President Trump!

[Value Buy]

New jobs report just issued.
224,000 new Jobs created.
Avg hourly rate of pay up .2%
The economy is humming along.
MAGA!

[Value Buy]

Everyone go online and check your mutual funds, IRA's 401-k balances today.
See where you stand against six months ago.
See where you stand a year ago.
See where you stand from two years ago.

[Tennesseer]

"The rocket's red glare last night"

Those rockets red glare help President and Air Force commander James Madison along with his jet fighters recapture Baltimore Washington airport from the Brits as the Brits had knocked out the runway lights at the airport.   The U.S. aces landed safely and retook the airport.

[oped]

Jul 5, 2019 7:55:56 GMT -5 Value Buy said:

Everyone go online and check your mutual funds, IRA's 401-k balances today.
See where you stand against six months ago.
See where you stand a year ago.
See where you stand from two years ago.

It’s fun to watch the markets right now. The jobs report actually threatens the now baked in fed response and the anticipated lowering rate meaning good jobs report = lower dow futures.

Nothing seems real anymore...

[resolution]

Jul 5, 2019 8:16:22 GMT -5 oped said:

Jul 5, 2019 7:55:56 GMT -5 Value Buy said:

Everyone go online and check your mutual funds, IRA's 401-k balances today.
See where you stand against six months ago.
See where you stand a year ago.
See where you stand from two years ago.

It’s fun to watch the markets right now. The jobs report actually threatens the now baked in fed response and the anticipated lowering rate meaning good jobs report = lower dow futures.

Nothing seems real anymore...

I agree it is completely backwards for the market to go down every time we have a good jobs report, but I would rather see lots of job creation than an interest rate cut. I am concerned if we keep rates too low in good times that we won't have any stimulus available in hard times.

[happyhoix]

slate.com/business/2019/07/yield-curve-bond-market-recession.html

Enjoy gloating over your 401Ks while you can.

[Value Buy]

Jul 5, 2019 8:56:24 GMT -5 happyhoix said:

slate.com/business/2019/07/yield-curve-bond-market-recession.html

Enjoy gloating over your 401Ks while you can.

Are you in these funds, and if so why the heck are you?

[oped]

Jul 5, 2019 9:06:43 GMT -5 Value Buy said:

Jul 5, 2019 8:56:24 GMT -5 happyhoix said:

slate.com/business/2019/07/yield-curve-bond-market-recession.html

Enjoy gloating over your 401Ks while you can.

Are you in these funds, and if so why the heck are you?

Sigh.

[happyhoix]

Jul 5, 2019 9:06:43 GMT -5 Value Buy said:

Jul 5, 2019 8:56:24 GMT -5 happyhoix said:

slate.com/business/2019/07/yield-curve-bond-market-recession.html

Enjoy gloating over your 401Ks while you can.

Are you in these funds, and if so why the heck are you?

Do you mean bonds? Yes, I have a diverse portfolio, and now that I'm nearing retirement, I have a chunk of it in bonds, especially since it's been 10 years since a recession so we're due for another one (I don't care who is president, recessions happen in cycles). I learned years ago not to try to jump in and out of the stock or bonds market based on what I think the market will do - maintaining a steady investment strategy based on my age has worked for me - so yes, some of my 401K is in bonds.

I hope you are not so devoted to Trump that you've got all of yours invested in stocks? That's not ever a good strategy, but especially not 10 years since the last recession, with a president who may suddenly crash the market by jumping into a war with Iran, or some other unexpected but catastrophic decision.

 

[Gardening Grandma]

Jul 5, 2019 8:06:29 GMT -5 Tennesseer said:

"The rocket's red glare last night"

Those rockets red glare help President and Air Force commander James Madison along with his jet fighters recapture Baltimore Washington airport from the Brits as the Brits had knocked out the runway lights at the airport.   The U.S. aces landed safely and retook the airport.

[Gardening Grandma]

Jul 5, 2019 10:31:11 GMT -5 happyhoix said:

Jul 5, 2019 9:06:43 GMT -5 Value Buy said:

Are you in these funds, and if so why the heck are you?

Do you mean bonds? Yes, I have a diverse portfolio, and now that I'm nearing retirement, I have a chunk of it in bonds, especially since it's been 10 years since a recession so we're due for another one (I don't care who is president, recessions happen in cycles). I learned years ago not to try to jump in and out of the stock or bonds market based on what I think the market will do - maintaining a steady investment strategy based on my age has worked for me - so yes, some of my 401K is in bonds.

I hope you are not so devoted to Trump that you've got all of yours invested in stocks? That's not ever a good strategy, but especially not 10 years since the last recession, with a president who may suddenly crash the market by jumping into a war with Iran, or some other unexpected but catastrophic decision.

I hope ALL trump supporters are invested 100% in stocks....

Being retired, we have a carefully balanced portfolio.  And this is probly a good time to do some rebalancing....

[happyhoix]

Jul 5, 2019 8:06:29 GMT -5 Tennesseer said:

"The rocket's red glare last night"

Those rockets red glare help President and Air Force commander James Madison along with his jet fighters recapture Baltimore Washington airport from the Brits as the Brits had knocked out the runway lights at the airport.   The U.S. aces landed safely and retook the airport.

I've visited Yorktown and saw the fort and harbor there. I would not have thought there was enough space to install an airport runway there, but I guess the jets were a lot smaller back then. Or maybe the English Navy had their air craft carriers with them, and that's what the Americans swarmed over and captured?

[Value Buy]

Jul 5, 2019 10:31:11 GMT -5 happyhoix said:

Jul 5, 2019 9:06:43 GMT -5 Value Buy said:

Are you in these funds, and if so why the heck are you?

Do you mean bonds? Yes, I have a diverse portfolio, and now that I'm nearing retirement, I have a chunk of it in bonds, especially since it's been 10 years since a recession so we're due for another one (I don't care who is president, recessions happen in cycles). I learned years ago not to try to jump in and out of the stock or bonds market based on what I think the market will do - maintaining a steady investment strategy based on my age has worked for me - so yes, some of my 401K is in bonds.

I hope you are not so devoted to Trump that you've got all of yours invested in stocks? That's not ever a good strategy, but especially not 10 years since the last recession, with a president who may suddenly crash the market by jumping into a war with Iran, or some other unexpected but catastrophic decision.

 

Has nothing to do with Trump. I started investing when I was very young and single. LBJ was President. I was the first person in our family to ever buy a stock. My father was shocked when I was receiving mail from corporations and he asked me why I was getting mail from them. I said from the dividends they paid me to own the stock.
Back then it was pretty much 100 share lots or the brokers made a fortune off of you. Even then 100 shares of stock might cost you over fifty dollars to buy it.
He started looking at stocks after that and built up a nice protfolio of his own, beating the lousy interest bearing accounts from banks. 
I have never been in a straight bond fund. Except for one I inherited from my parents, and then we closed it after two years.
We have four IRA accounts and another fund not attached to retirement between us and all carry some Government type utility issues, and corporate bond holdings. That is sufficient for us even at the age of 70 years old. Currently we own nine individual stocks. One is considered a growth stock and does not pay a dividend. Three stocks are 55% of the porfolio, two in big oil one an electric/ng  utility and I realize we are over weighted in these three, but the dividends keep us there for now.
I am so tired of hearing how you have to own so much in bonds, so much in international stocks, etc. I stick with what I know, or at least what I think I know.
Our kids and grandkids will thank me after we are gone.

[djAdvocate]

Jul 5, 2019 7:53:46 GMT -5 Value Buy said:

New jobs report just issued.
224,000 new Jobs created.
Avg hourly rate of pay up .2%
The economy is humming along.
MAGA!

wow. those are Obama-like numbers!

[djAdvocate]

Jul 5, 2019 11:01:57 GMT -5 Value Buy said:

Jul 5, 2019 10:31:11 GMT -5 happyhoix said:

Do you mean bonds? Yes, I have a diverse portfolio, and now that I'm nearing retirement, I have a chunk of it in bonds, especially since it's been 10 years since a recession so we're due for another one (I don't care who is president, recessions happen in cycles). I learned years ago not to try to jump in and out of the stock or bonds market based on what I think the market will do - maintaining a steady investment strategy based on my age has worked for me - so yes, some of my 401K is in bonds.

I hope you are not so devoted to Trump that you've got all of yours invested in stocks? That's not ever a good strategy, but especially not 10 years since the last recession, with a president who may suddenly crash the market by jumping into a war with Iran, or some other unexpected but catastrophic decision.

 

Has nothing to do with Trump. I started investing when I was very young and single. LBJ was President. I was the first person in our family to ever buy a stock. My father was shocked when I was receiving mail from corporations and he asked me why I was getting mail from them. I said from the dividends they paid me to own the stock.
Back then it was pretty much 100 share lots or the brokers made a fortune off of you. Even then 100 shares of stock might cost you over fifty dollars to buy it.
He started looking at stocks after that and built up a nice protfolio of his own, beating the lousy interest bearing accounts from banks. 
I have never been in a straight bond fund. Except for one I inherited from my parents, and then we closed it after two years.
We have four IRA accounts and another fund not attached to retirement between us and all carry some Government type utility issues, and corporate bond holdings. That is sufficient for us even at the age of 70 years old. Currently we own nine individual stocks. One is considered a growth stock and does not pay a dividend. Three stocks are 55% of the porfolio, two in big oil one an electric/ng  utility and I realize we are over weighted in these three, but the dividends keep us there for now.
I am so tired of hearing how you have to own so much in bonds, so much in international stocks, etc. I stick with what I know, or at least what I think I know.
Our kids and grandkids will thank me after we are gone.

this is so great to read, VB.  congratulations.  you have done well!